Settlement talks between CoStar and Xceligent break down
The Real Deal – New York
Last week it looked like CoStar and Xceligent’s high-stakes legal battle was heading for a settlement. But now talks have broken down. CoStar wanted Xceligent to delete material on its database as part of a settlement deal, the Wall Street Journal reported without citing details. Xceligent balked, meaning the two sides are bound to head back to court. CoStar sued Xceligent last December for alleged copyright infringement, claiming the rival commercial property database stole its images. Xceligen…
