Callaway and Acushnet reach patent settlement
After more than six years, the protracted patent infringement lawsuit between Callaway Golf and Acushnet (parent company of Titleist), seems to have finally come to a conclusion.
According to the PRNewswire, Callaway and Acushnet jointly announced a settlement of all pending litigation and disputes, including those beyond the patents involved in the development of the Pro V1 family of golf balls. While details of the settlement are confidential, no money will be exchanged under the terms of the agreement, and each company will have specified rights to make ball and club products under patents owned by the other.
-- Derek Evers