A British software firm filed a patent infringement suit against the Reuters Group PLC news agency over its Instinet Group Inc. electronic brokerage. Ariel Communications says it retains rights over the original code used to build Instinet, Finextra.com reported Friday. A company official says Ariel invested $175,000 in Instinet and signed a deal with the electronic brokerage in 1975 giving it perpetual rights over all future developments of the Instinet software.

Posted by GEN-ERIC at 01:12:23 am into the following categories: In The News

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