WATERLOO, Ontario, Feb. 18, 2015 /CNW/ -- OpenText (NASDAQ: OTEX,TSX: OTC), today announced a San Francisco Federal Court Jury has found that both Box, Inc. and Carahsoft Technology Corporation infringed three Open Text patents through the sale of Box's editing product known as Box Edit, and awarded nearly $5 million in damages.1
The Jury found that both Box and Carahsoft directly and contributorily infringed, as well as induced others to infringe claims of all three patents. In so doing, the jury determined that Box Edit for Mac, Box Edit for Windows, and the Box Android application all infringed. The jury further rejected anticipation and obviousness defenses for the asserted claims and found that the patents were valid.
"We are pleased the Jury has vindicated Open Text's position that the three file synchronization/edit patents were both infringed and valid," says Gordon A. Davies, Chief Legal Officer and Corporate Secretary of Open Text Corporation. "The assertion of these patents is tangible proof of our ongoing efforts to vigorously protect our intellectual property rights and business interests."
OpenText is the largest independent software provider of Enterprise Information Management (EIM). For more information please visit www.opentext.com.
Cautionary Statement Regarding Forward Looking Statements
Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenText's current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText's assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
(1) All dollar references are in U.S. dollars unless noted otherwise.
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SOURCE Open Text Corporation
For further information: United States: Greg Secord, Vice President, Investor Relations, Open Text Corporation, San Francisco: 415-963-0825, [email protected] or Kasey Holman, Vice President, Corporate Communications, OpenText Corporation, San Francisco - 650-645-3129, [email protected]; Canada: Sonya Mehan, Senior Manager, Investor Relations, Open Text Corporation, Waterloo: 519-888-7111 ext. 2446, [email protected], http://www.OpenText.com