Ariba Settles Trade Secrets Litigation with Coupa
SUNNYVALE, Calif., September 24, 2015 - Ariba, an SAP company, today announced that it has reached a settlement with Coupa Software, Inc. in connection with Ariba’s trade secret litigation pending in the Superior Court of the State of California (Case No. 1-14-CV-265917). In May 2014, Ariba filed a lawsuit alleging that Coupa misappropriated Ariba trade secrets. Coupa (and five named employee defendants) possessed certain Ariba internal, confidential, and/or proprietary information during the period 2010-2015. Under the terms of the settlement, Coupa acknowledged its possession of Ariba information and is required to abide by certain procedures to prevent any misappropriation in the future. Further, Coupa will pay Ariba an undisclosed amount to resolve the trade secret claims. The litigation will be dismissed in its entirety, and the companies have agreed to a mutual release of claims.
“Ariba has deep proprietary information that enables us to offer world-class solutions that are changing the way business is done,” said Alex Atzberger, President, Ariba. “We will continue to vigorously defend our Intellectual Property assets and to push the boundaries of innovation to create advantage for our customers around the globe.”
About Ariba, an SAP Company
Ariba is the world’s business commerce network. Ariba combines industry-leading cloud-based applications with the world's largest web-based trading community to help companies discover and collaborate with a global network of partners. Using the Ariba® Network, businesses of all sizes can connect to their trading partners anywhere, at any time from any application or device to buy, sell and manage their cash more efficiently and effectively than ever before. Companies around the world use the Ariba Network to simplify inter-enterprise commerce and enhance the results that they deliver. Join them at: www.ariba.com
As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 293,500 customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.
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