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Sunday, May 17, 2026

Autobytel To Get $20M in Legal Settlement

Irvine-based online auto marketer Autobytel Inc. is set to get $20 million as part of a settled lawsuit with Dealix Corp. of Redwood City.

Autobytel is set to get $12 million of the settlment in coming months and then the rest in payments of $2.7 million during the next three years.

The company sued rival Dealix in 2004, alleging infringement of an Autobytel patent for matching auto shoppers with dealers online.

The settlement includes a patent licensing deal between Autobytel and Dealix.

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