CoStar Group and Happening Technology Resolve Legal Dispute Amicably, Withdraw All Claims

Reuters

05/31

CoStar Group and Happening Technology Resolve Legal Dispute Amicably, Withdraw All Claims

CoStar Group Inc., a prominent provider of online real estate marketplaces and analytics, has announced the resolution of its dispute with Happening Technology. The disagreement arose due to concerns over potential trade secret misappropriation related to Happening Technology's data pipeline product, which bore similarities to CoStar's own technology. After a comprehensive review, it was determined that neither Happening Technology nor its founders misappropriated CoStar's trade secrets or breached any legal obligations. Both parties have withdrawn all claims with prejudice, bringing the matter to a final amicable conclusion. CoStar and Happening Technology expressed their satisfaction in resolving the issue and are open to future collaboration opportunities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CoStar Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250530226363) on May 30, 2025, and is solely responsible for the information contained therein.

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The disagreement arose due to concerns over potential trade secret misappropriation related to Happening Technology's data pipeline product, which bore similarities to CoStar's own technology. After a comprehensive review, it was determined that neither Happening Technology nor its founders misappropriated CoStar's trade secrets or breached any legal obligations. Both parties have withdrawn all claims with prejudice, bringing the matter to a final amicable conclusion. CoStar and Happening Technology expressed their satisfaction in resolving the issue and are open to future collaboration opportunities.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CoStar Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250530226363) on May 30, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0320765059.SGD","symbol_name":"FTIF - Franklin US Opportunities A Acc SGD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250530:nNDL44vWPt:1","article_id":"2539203364","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2539203364","pubTimestamp":1748639722,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"CoStar Group Inc., a prominent provider of online real estate marketplaces and analytics, has announced the resolution of its dispute with Happening Technology. 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