"Where money issues meet IP rights". This weblog looks at financial issues for intellectual property rights: securitisation and collateral, IP valuation for acquisition and balance sheet purposes, tax and R&D breaks, film and product finance, calculating quantum of damages--anything that happens where IP meets money.
Saturday 11 May 2013
Chief Judge Rader Upholds $345 million Jury Verdict for Patent Infringement
On May 1, 2013, the U.S. Court of Appeals for the Federal
Circuit (CAFC) issued an opinion in Versata Software Inc. v. SAP America Inc. affirming a jury verdict of infringement and damages by SAP for
$345 million. Chief Judge Rader authored the opinion. The award includes $260
million for lost profits and $85 million for reasonable royalties for
infringement of Versata Software’s claims covering its “hierarchical pricing
engine” software. The opinion is here.
Labels:
Lost profits,
patent infringement,
reasonable royalty,
sap,
versata
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