Versata Wins $138 Million Patent Infringement Suit against SAP America.Jury Finds SAP Products This presents a list of products of the enterprise software company SAP AG. Enterprise Applications
AUSTIN, Texas -- Austin-based Versata Software, Inc., was awarded $138 million in a jury verdict against software provider SAP America (NYSE NYSE See: New York Stock Exchange : SAP) and its German-based parent company SAP AG (company) SAP AG - (Systeme, Anwendungen, Produkte in der Datenverarbeitung - German for "Systems, Applications and Products in Data Processing") A company from Germany that sells the leading suite of client-server business software. The US branch is called SAP America. for infringement of two Versata patents related to pricing technology. Following a seven-day trial, a jury in the U.S. District Court for the Eastern District of Texas, Marshall Division, made the award following six hours of deliberation. The jury found that SAP infringed upon two Versata software product patents used to organize multi-level pricing tables. Created in 1995, the revolutionary Versata technology enables complex pricing structures to be processed faster and more efficiently. "Versata has always focused on innovation, resulting in market-leading solutions that drive customer success," said Randy Jacops, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and President of Versata Software, Inc. "Our patented technology enables Versata customers to deploy best-in-class solutions that competitors simply cannot match. We cherish and defend the mutually successful, multi-decade relationships resulting from our innovation investment." "Versata has maintained a long and consistent practice of filing for patents on new and valuable inventions," said Lance Jones, Sr. VP and General Counsel. "The jury's verdict in this case was an extremely important validation of our trust in the patent system as a crucial partner in Versata's commitment to innovation." The jury found that SAP infringed on U.S. Patent No. 6,553,350 B2, issued in 2003, and U.S. Patent No. 5,878,400, issued in 1999 by selling and distributing SAP's CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. and ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. solutions. "We had a brilliant team of litigators and technical consultants who worked extremely hard on this case," Jones said. "Our team was remarkable in its professionalism and execution." Versata was represented in the case by Sam Baxter, Ted Baxter, Ted TV anchorman who sees himself as most important news topic. [TV: “The Mary Tyler Moore Show” in Terrace, II, 70] See : Egotism Stevenson, Scott Cole and Steve Pollinger of McKool Smith. The technical consultants on the trial team were from iRunway India Private Limited and Ntrack, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . Versata has announced that it intends to seek a permanent injunction permanent injunction n. a final order of a court that a person or entity refrain from certain activities permanently or take certain actions (usually to correct a nuisance) until completed. preventing any further infringing activities by SAP, including the sale or distribution of infringing technology. About Versata With a global presence covering 45 countries, Versata Enterprises solves the most complex business problems for the world's largest organizations. Versata Enterprises comprises a number of leading enterprise solution providers, including Versata Software, Inc. Versata, Inc., Artemis International Solutions Corporation, Nextance, Inc., Gensym Corporation, Clear Technology, Inc., Tenfold Corporation, eCora Software, Inc., Evolutionary Technologies, Inc. and AlterPoint, Inc. Versata distinguishes itself in the software industry by focusing on customer priorities as driven by value delivered. |
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