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IN BRIEF: PCI-PAL jumps as inks settlement with competitor Sycurio
PCI-PAL PLC - London-based cloud payment and data protection solutions provider - Reaches a confidential settlement with competitor Sycurio. The settlement resolves a patent litigation that has been ongoing since September 2021. Says it brings an end to all legal proceedings, which includes both the UK and US. "The resolution follows PCI Pal's resounding victory in the High Court of England & Wales, and subsequent decision by the Court of Appeal, finding that Sycurio's UK patent is invalid and not infringed by PCI Pal," it adds.
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