Peloton and Echelon have announced today that all outstanding litigation has been settled. Echelon will no more use Peloton’s leaderboard technology in “on-demand classes”.
The complete statement that announced the settlement is here:
Peloton Interactive, Inc. (NASDAQ: PTON), and Echelon announced today that they have settled all pending litigation. All pending lawsuits will be dismissed. Echelon, as part of the global settlement, has agreed to stop using Peloton’s patented leaderboard technology for on-demand classes. Both parties are happy to end the litigation and will not comment further.
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Over the years, there have been multiple lawsuits between these companies. These cases are now being resolved by today’s actions.
Peloton had sued Echelon in 2019 for patent infringement. Echelon was sued by in 2020 to invalidate some patents that Peloton attempted to use to counter the suit. The USPTO had earlier this year sided with Echelon, and canceled two of Peloton’s patents.
Peloton received some additional patents in November 2021. It then sued Echelon (along with iFit).
This is the third round in settlements for Peloton this year. They announced in May the settlement with iFIT (makers NordicTrack). In September, they announced settlements to lululemon.
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