Vendavo Patent Infringement Suit Against Price f(x) Proceeds
October 24, 2018
DENVER–(BUSINESS WIRE)–#pricing—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.
Contacts
Kimberly Communications
Kimberly Boeckenstedt
319.389.6953
kb@kimberlycommunications.com