CO-VENDAVO
Vendavo , a leading provider of commercial excellence solutions, announced today that United States District Court for the Northern District of California has, for the third consecutive time, denied Price f(x)’s Motions to Dismiss in the patent infringement litigation initiated by Vendavo, thereby allowing the Vendavo lawsuit against the company to proceed.
The most recent Motions to Dismiss attempted to move the litigation to the Czech Republic and remove the patents from the litigation. The court denied both requests in their entirety.
Vendavo’s suit alleges Price f(x) has misappropriated Vendavo trade secrets, is unfairly competing with Vendavo in the marketplace and infringes on Vendavo copyrights, as well as U.S. Patent Nos. 8,396,814; 7,640,198; 7,308,421; 8,412,598; 7,912,792. The litigation was first filed in December 2017.
Vendavo is pleased that the court has once again denied Price f(x)’s attempts to dismiss the litigation with the court’s ruling and is confident with the case moving forward that the truth will be exposed.
“A significant amount of roadblocks were thrown up and, due to the strength of our case, we were able to defeat them,” said Bruno Slosse, Vendavo President and CEO. “This tactic delayed the case and cost both sides unnecessary time and money. We have an obligation to our shareholders and to our customers to ensure that their investments in our intellectual property are protected. While we welcome fair competition, we cannot tolerate theft of our world-class commercial excellence solutions that we have spent decades developing.”
About Vendavo
Vendavo powers the shift to digital business for the world’s most demanding B2B companies, unlocking value, growing margin and accelerating revenue. With the Vendavo Commercial Excellence platform, companies develop dynamic customer insights and optimal pricing strategies that maximize margin, boost sales effectiveness and improve customer experience. With an annual margin improvement totaling more than $2.5 billion across companies in chemicals, distribution, high-tech and manufacturing, Vendavo delivers cutting-edge analytics and deep industry expertise that help companies stay one step ahead. Vendavo is headquartered in Denver, CO and has offices around the globe. Learn more at Vendavo.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181024005273/en/
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Kimberly Communications Kimberly Boeckenstedt 319.389.6953 kb@kimberlycommunications.com
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