Amazon and AlmondNet have jointly moved to dismiss their respective appeals concerning a $136 million judgment awarded to AlmondNet. This judgment followed a jury’s determination that Amazon had infringed upon patents related to online advertising space auctions.
The litigation between the two companies has been extensive. In May 2024, AlmondNet, along with its subsidiary Datonics, filed a third lawsuit against Amazon in the Western District of Texas. The suit alleged that Amazon’s advertising platform and services infringed upon patents pertaining to the use of internet user profiles for targeted electronic advertisements. ([litigation.rpxcorp.com](https://litigation.rpxcorp.com/news/80889-almondnet-sues-amazon-for-a-third-time?utm_source=openai))
In a related matter, the Patent Trial and Appeal Board (PTAB) issued a final written decision in November 2023, determining that all challenged claims of AlmondNet’s patent were unpatentable. ([ptacts.uspto.gov](https://ptacts.uspto.gov/ptacts/public-informations/petitions/1550814/download-documents?artifactId=qZhYeUTVlPoijTBPO7Ja5U3tGFbaswzbK45OusMjGBWddcYUAijSbrk&utm_source=openai))
Additionally, in July 2024, the U.S. Court of Appeals for the Federal Circuit dismissed an appeal involving AlmondNet and Meta Platforms, Inc., indicating a pattern of AlmondNet’s involvement in patent litigation within the online advertising industry. ([cafc.uscourts.gov](https://www.cafc.uscourts.gov/07-15-2024-24-1427-almondnet-inc-v-meta-platforms-inc-order-24-1427-order-7-15-2024_2350165/?utm_source=openai))
As of April 6, 2026, Amazon’s stock is trading at $212.58, reflecting a 1.34% increase from the previous close. The company’s market capitalization stands at approximately $2.34 trillion, with a price-to-earnings ratio of 30.62 and earnings per share of $7.08.
The decision by Amazon and AlmondNet to drop their appeals may signal a strategic move to conclude their protracted legal disputes, allowing both companies to focus on their core business operations without the ongoing burden of litigation.