Sports technology company Panda Interactive has settled its patent dispute with its rival Sportradar and asked a Texas federal judge to stay all activity in the case for 30 days while the parties finalize the agreement.

SportsCastr Inc., which does business as Panda Interactive, and Sportradar filed a joint motion Friday. Panda has been locked into the dispute over its patent technology with Sportradar since its October 2023 lawsuit that accused the technology company of "willfully and maliciously" copying its patented technology that includes providing viewers the ability to see real-time odds and place a bet while watching a sporting event.

Details about the proposed settlement were not included in the motion, and representatives for the companies did not immediately respond to a request for comment Tuesday.

According to Panda, "leading sports media companies, leagues and sportsbooks" use its patented technology that delivers broadcasts enhanced with synchronized live data and content. Sportradar's video streaming products "are the same or essentially same" as the patented products Panda developed, according to the lawsuit.

The company's "illegal and unauthorized use" of the patented technology earned Sportradar "increased profits, revenue, market capital, and market share," Panda said. Sportradar entered into partnerships with professional sports leagues including the National Basketball Association and the National Football League in which they used the disputed technology, according to the lawsuit.

"We have made substantial investments in the development of our technology and cannot tolerate having our patented technology used unfairly by others and against us," Panda's chairman said when the lawsuit was filed. "No one wants to see their own arsenal used against them in battle."

In December, U.S. District Judge Rodney Gilstrap separated the antitrust claims that were added to the current lawsuit in February 2025 and assigned them to a new lawsuit, while the patent claims remained in the current suit.

The parties filed a joint motion to stay all deadlines in the related antitrust suit Friday as well.

Panda's similar lawsuit against its rival Genius Sports remains pending.

The patents-in-suit are U.S. Patent Nos. 10,425,697, 10,805,687 and 11,039,218.

Panda is represented by Christopher C. Campbell, Britton F. Davis, Matthew D. Wood, Yushan Luo, John D. Roehrick, Colleen Tracy James, Andrew Cochran and Rahul Sarkar of Cahill Gordon & Reindel LLP and Greg Love, Mark Siegmund and William Ellerman of Cherry Johnson Siegmund James.

Sportradar is represented by David A. Roodman, Nick E. Williamson, Sarah L. Hartley and George G. Brell of Bryan Cave Leighton Paisner LLP and Michael C. Smith of Scheef & Stone.

The case is SportsCastr Inc. v. Sportradar Group AG et al., case number 2:23-cv-00472, and the related antitrust case is SportsCastr Inc. v. Sportradar Group AG et al., case number 2:25-cv-01250, both in the U.S. District Court for the Eastern District of Texas, Marshall Division.