Tuesday, August 06, 2013 8:02:35 PM
I for one kind of brushed off salesforce litigation as a small suit. However I think it has the potential to be a rather large suit. If the initial filing is any indication (235 pages vs 135 pages for Novell) they just might be loaded for bull. Basically Salesforce.com does almost all their business through their website. (Cloud). Bascom specifically went after the website and the "Chatter" product. This really could be considerable to DSS.
This came from their 10Q in may in regards to an unknown NPE (Not DSS) legal proceeding:
"In the ordinary course of business, the Company is involved in various legal proceedings and claims related to alleged infringement of third-party patents and other intellectual property rights, commercial, labor and employment, wage and hour, and other claims. We have been, and may in the future be, put on notice and/or sued by third parties for alleged infringement of their proprietary rights, including patent infringement. For example, we received a notice from a large non-practicing entity several quarters ago alleging that we infringed upon certain of its patents. While no litigation was ever filed, in May 2013 we entered into a multi-year license agreement with that non-practicing entity. During the first quarter of fiscal 2014, the Company recorded approximately $8.0 million of expense for the portion of the license agreement related to prior periods."
AKA: Penalty!
Cooler or Post are better figuring out who this might be.
For a comparison Krmaer Levin filed the initial complaint that was 201 pages long for FB and and the new guys just filed 235 pages for SF. Probably means little but if these new guys are as thorough as they seem I am feeling pretty good.
I think I am caught up on my weekly required DD. Obviously I am feeling better. LOL
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