SAP, Versata settle $391 million patent litigation
SAP and Versata Software have abruptly settled a long-running patent dispute that dates back to 2007, and of late had SAP facing the prospect of paying a US$391 million judgment.
SAP and Versata Software have abruptly settled a long-running patent dispute that dates back to 2007, and of late had SAP facing the prospect of paying a US$391 million judgment.
The U.S. Supreme Court rejected an appeal from SAP of a US$391 million judgment given to Versata Software in a patent lawsuit the latter filed, but SAP is vowing to fight onward.
An appeals court has rejected SAP's attempt to overturn a US$345 million judgment awarded to Versata Software, which had brought a patent-infringement case against the software maker.
A federal jury has ordered SAP to pay Versata Software damages of $US345 million in connection with a patent infringement lawsuit.
A federal judge has set aside the $US139 million judgment against SAP that a jury awarded Versata Software in August 2009, according to a ruling filed Thursday in U.S. District Court for the Eastern District of Texas.