USPTO Nixes Versata Bid To Rehear AIA Patent Loss

Law360, New York (September 19, 2013, 7:19 PM ET) -- The U.S. Patent and Trademark Office last week denied Versata Development Group Inc.'s request for reconsideration of a ruling invalidating its product pricing method patent, closing the book on the first case to be decided under the America Invents Act's new business method review program.

The USPTO's Patent Trial and Appeal Board ruled in June that Versata's patent claims nothing more than the abstract idea of arranging customer and product data and calculating a product price. Versata then moved for rehearing on several grounds, but in...
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