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SAP pays $83 million to i2 to settle some supply chain patent issues

Filed in archive News on June 29, 2008

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SAP has agreed to pay $83.3 million to i2 Technologies to settle a patent claim i2 brought against SAP last year, CIO reported.

Last year i2 made a claim that SAP had infringed on a number of its patents related to supply chain management.

It seems that SAP has become tired of the long legal process and the new 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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Tags: sap  i2  technologies  patent  supply  chain  management  issue  sue  dallas  court  company    2007  supply+chain 

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