Jury Awards Software Firm Almost $80 Million For License Agreement Breach
Mealey's (October 13, 2015, 1:20 PM EDT) -- RALEIGH, N.C. — At the end of a two-week trial between two software companies, a North Carolina federal jury on Oct. 9 awarded the plaintiff more than $80 million in actual damages for a competitor’s breach of a licensing agreement by using information obtained via reverse engineering to create a competing product (SAS Institute, Inc. v. World Programming Ltd., No. 10-25, E.D. N.C.).
(Verdict available. Document #24-151015-008V.)
Breach Of License Agreement
In January 20120, North Carolina-based SAS Institute Inc. sued British competitor World Programming Ltd. in...