Defywire and webMethods Announce Settlement of Litigation.HERNDON, Va. & FAIRFAX, Va. -- Defywire and webMethods, Inc. (Nasdaq:WEBM WEBM webMethods Inc. (stock abbreviation, AMEX) ) today jointly announced that the parties have reached a settlement of all claims between the two companies. As a result of the settlement, the companies have agreed to dismiss all claims in the litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , which were filed in Virginia Virginia, state, United States Virginia, state of the south-central United States. It is bordered by the Atlantic Ocean (E), North Carolina and Tennessee (S), Kentucky and West Virginia (W), and Maryland and the District of Columbia (N and NE). Circuit Court. The terms of the settlement are confidential and were not disclosed. About Defywire Defywire is a leading wireless and mobile solution provider. The company's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , Defywire Mobility Suite, and vertical applications extend the enterprise by providing mobile employees with secure, real-time access to corporate information systems. Headquartered in Herndon, VA, Defywire is led by a seasoned management team with in-depth knowledge of wireless offerings. For more information, visit www.defywire.com. About webMethods webMethods (Nasdaq:WEBM) provides business integration software to integrate, assemble and optimize optimize - optimisation available IT assets to drive business process productivity. webMethods delivers an innovative, enterprise-class business integration platform that incorporates proven integration technology with next generation capabilities into one interoperable The ability for one system to communicate or work with another. See interoperability. set of tools that delivers a unique combination of efficiency, agility and control. webMethods combines industry leadership with a zealous commitment to customers to deliver tangible business value to approximately 1,400 global customers. webMethods is headquartered in Fairfax, Va., with offices throughout the U.S., Europe, Asia Pacific and Japan. More information about the company can be found at www.webMethods.com. The webMethods name and logo are registered trademarks of webMethods, Inc. All other marks mentioned are trademarks or service marks of their respective companies. |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion