Tesco Sued For £87M Unpaid On Software Contract

By Silvia Martelli (May 6, 2022, 6:03 PM BST) -- A branch of a U.S. intelligence software company has accused Tesco of owing it £86.8 million ($107.3 million) in outstanding payments for using more software than it was entitled to under their licensing agreement.

TIBCO Software (Ireland) Ltd., which makes software for companies, said in a newly public High Court claim filed April 14 that the supermarket giant breached their contract by using more software units than they had agreed.

Software units are a set of procedures or functions.

TIBCO agreed in 2005 to provide Tesco with licensed software and ongoing support for its website and operations.

But following a 2020 audit by...

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