SAP to pay $83.3 million to settle i2 patent suit
Category:eChain Customers
i2 Technologies
Patent research and analysis by echain Technology creates compelling case that SAP infringed on a number of its patents. eChain Technology supply-chain experts provided patent background research and analysis for ThinkFire for i2 patent infringement case against SAP. Patent research and analysis by eChain’s i2 solution experts creates a compelling case that SAP and other supply chain solution companies infringed on a number of i2 patents enabling i2 to claim $83.3 million from SAP to settle patent suit in 2008. ThinkFire is a full service intellectual property advisory, brokerage and licensing services firm that helps global technology companies and other intellectual property owners develop and execute IP strategies that maximize the return on their investment in IP. Since its founding in 2001, ThinkFire has helped its clients realize over $1 billion of value from their IP assets. Forward by eChain editor.
Article By Chris Kanaracus, IDG News Service June 26, 2008; http://www.infoworld.com/
SAP has agreed to pay i2 Technologies, maker of SCM (supply chain management) software, $83.3 million to settle a patent claim i2 brought against the enterprise software maker.
The Dallas company had sued SAP in 2006, claiming that it had infringed on a number of its patents. The settlement was reached on June 23, according to an SEC filing by i2.
The brief filing states that SAP and i2 will license each other certain patents, on condition of the payment to i2, and dismisses the existing legal proceedings between the companies with prejudice, meaning another suit cannot be brought on the same matter.
An SAP spokesman confirmed the settlement but did not provide additional commentary or information beyond that contained in the filing.
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