The star-studded series is sure to be full of monumental sneaker moments.
Adidas and Under Armour settled their infringement patent case with undisclosed terms. Adidas sued the company and its subsidiary, MapMyFitness platform following the said issue.
Nike has more U.S. patents than one of the United States’ top defense contractors, a company that is in the business of making stealth jets. It has garnered more legal rights in this arena than a pharmaceutical company that is developing cancer-fighting drugs, and than an auto giant working on self-driving cars. That’s right, the Portland, Oregon-based sportswear leader, which holds the number one revenue-earning spot in the U.S. market, was granted about 500 patents last year and ended the year with a total of 5,060 issued patents if we count a number if expired ones.
Adidas has reached a confidential settlement with Baltimore, Maryland-based Under Armour and one of its fitness apps, MapMyFitness, in a patent infringement lawsuit, according to Forbes.
Sportswear maker pins hopes on celebrity players
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