Army Pays Software Co. $50M To End Copyright Suit

Law360, Houston (November 25, 2013, 5:38 PM EST) -- A Texas-based company that says thousands of unlicensed copies of its logistics software were being used by the U.S. Army announced Monday that it has reached a $50 million deal to end the copyright infringement suit it filed.

Apptricity Corp. said the settlement, which represents a fraction of the $224 million the company had sought, resolves its claim against the government over the unlicensed use of logistics enterprise software that is “mission critical” to managing troop and supply movements in theater operations around the world....
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.