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[ARBA] Ariba Inc

Symbol: ARBA
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10/30/2008 09:10am
Ariba Inc Wins patent case against Emptoris, awarded $4.9M in damages

- Revailed in a patent litigation suit against Emptoris, Inc. Yesterday, a jury in the U.S. District Court for the Eastern District of Texas returned a verdict that Emptoris has willfully infringed an Ariba patent covering key functions for electronic auctions and found infringement on a second patent also pertaining to electronic auctions.
- Court has discretion to increase the award related to that patent up to three times
- Emptoris voluntarily filed a request to dismiss with prejudice its own patent infringement case against Ariba which was pending in the same court in exchange for Ariba's agreement to dismiss its counterclaims in that case.
- The court will next consider Ariba's request for a permanent injunction prohibiting Emptoris from using the patented technologies within its solutions and Ariba's request to enhance the damage award due to the jury's willfulness finding


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