Feedback Form
Welcome 
Saturday, July 04, 2009

Latest Procurement News

 

Posted: Friday, January 02, 2009, 9:01AM

U.S. court finds in favour of Ariba

Emptoris has been ordered to pay damages of around $7m to Ariba after a US District Court found that the company had infringed two reverse-auction patents.

The court, in the Eastern District of Texas, also ruled that Emptoris must pay Ariba pre-judgement interest on the original pre-enhancement damage award, made in October 2008.

An injunction is expected to be issued by the courts against Emptoris preventing it from infringing the patents later this month.

Speaking after the judgement, David Middler, senior vice president and general counsel of Ariba, said: “This ruling and the judge’s statements are further testament to the strength of Ariba’s intellectual property and our ability to deliver innovations in electronic auctions and sourcing.

“Ariba will continue to offer the functionality covered by these two patents as part of its sourcing solutions.”


ADVERTISEMENT







Untitled Document

The Procurement Leaders Network is a membership-led community where leading international procurement, sourcing and supply chain management executives engage in new ways to spearhead innovation in procurement strategy.

KEY:

a = Associate Members Only



Subscribe to the RSS feeds below to receive up-to-the-minute procurement news and articles right to your desktop.



Untitled Document

NETWORK PARTNERS

Gold Partners

Silver Partners

 

Recruitment Services