Peloton and Echelon Announce Settlement

This morning, Peloton and Echelon announced the settlement of all pending litigation. All pending actions will be dismissed. As a result, Echelon has agreed that it will cease using Peloton's patented leaderboard technology in on-demand classes.

If you recall, Peloton filed suit against Echelon back in November 2021 contending that their leaderboard functionality infringed on Peloton patents.

According to a press release issued this morning, the parties are pleased to put the litigation behind them and will have no further comment.

Back in May 2022, Peloton also settled litigation with iFit. In that case, iFit agreed to discontinue all live classes, while Peloton agreed to license certain iFIT patents relating to remote control technology.