Bloomberg is reporting that SAP, the world’s largest maker of business software, has been ordered by a federal jury in Marchall, Texas, to pay Versata $345 million for infringing its software patent. The jury awarded $260 million for lost profits and $85 million as a reasonable royalty.
The patent covers software that can help sales staff determine the most recent price for products and services. Versata claimed it was undercut by SAP and pushed out of the market. They have been fighting SAP for the past four years and will seek an injunction to stop the infringement. SAP is expected to appeal.