McKool Smith Announces $83 Million Settlement for i2 Technologies
Patent Infringement Lawsuit against SAP AG
DALLAS – McKool Smith is announcing an $83.3 million settlement reached on behalf of supply-chain technology provider i2 Technologies Inc. The settlement resolves i2’s patent litigation against Germany’s SAP AG (NYSE: SAP) and its United States subsidiary, Newtown Square, Penn.-based SAP America Inc.
Under the terms of the agreement made public yesterday, June 26, 2008, SAP will pay $83.3 million to i2 to resolve the lawsuit filed in September 2006 in the U.S. District Court for the Eastern District of Texas. In the litigation, i2 asserted that SAP had infringed seven patents covering software programs related to supply chain planning, electronic negotiation, collaboration, and available-to-promise product management.
The McKool Smith team representing i2 included firm principals Ted Stevenson, Sam Baxter, and David Sochia, and firm associates Jill Bindler, Chris Bovenkamp, and Scott Hejny.
The contested patents included U.S. Patent Numbers 5,764,543; 5,930,156; 5,983,194; 6,055,519; 6,167,380; 6,188,989; and 7,085,729.
Dallas-based i2 Technogies Inc. is an innovator and worldwide provider of supply-chain management technology for some of the world’s largest companies. Throughout its 20-year history of innovation and value delivery, i2 has dedicated itself to building successful customer partnerships. As a full-service supply chain company, i2 is uniquely positioned to help its clients achieve world-class business results through a combination of consulting, technology, and managed services. i2 solutions are pervasive in a wide cross-section of industries; 21 of the AMR Research Top 25 Global Supply Chains belong to i2 customers. Learn more at www.i2.com.
McKool Smith has more than 95 attorneys handling commercial and intellectual property litigation for national and international clients, including Fortune 500 companies, universities, start-ups, and individuals. The firm is recognized as one of the premier litigation and trial firms in the United States, having earned significant courtroom victories for clients such as American Airlines, Electronic Data Systems, BearingPoint, Ericsson, Lockheed Martin, Medtronic Inc. and National Instruments.
For more information, please contact Bruce Vincent at 800.559.4534 or email@example.com.