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.
Mike Mireles at 15:44:00