Peloton and IFit have settled all pending litigation between the two companies. As a result, IFit has agreed to remove specific on-demand leaderboard technology from its products, and Peloton has agreed to license certain IFIT patents relating to remote control technology.
In a brief joint statement, Peloton and iFit said, “all pending actions between the companies will be dismissed.”
The agreement resolves a long-running battle between the two connected home-fitness companies that included five cases in Federal District Court in Delaware, four validity reviews at the U.S. Patent and Trademark Office’s patent tribunal, one U.K. case, and two trade disputes at the U.S. International Trade Commission.
IFit’s brands include NordicTrack, ProForm, Sweat, Freemotion, Weider, and 29029.
Photo courtesy IFit
