New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 21, 2014
10:01 EDTCACA Technologies seeks injunction against AppDynamics' use of IP
CA Technologies announced it has filed counterclaims against AppDynamics and its founders, Jyoti Bansal and Bhaskar Sunkara, in a lawsuit pending in the U.S. District Court for the Northern District of California. CA says "It is clear that significant portions of the AppDynamics code was written while its founders were CA employees. CA will take every necessary step to ensure that others do not use its code or infringe its patents. CA is seeking a court declaration that it owns the code written prior to Bansal's and Sunkara's departure from CA as well as any derivative works. CA is also seeking an injunction against AppDynamics prohibiting the misuse of CA's intellectual property and financial damages. The claims filed today allege that Bansal and Sunkara secretly began to develop an Application Performance Monitoring product and business to compete directly with CA while they were still CA employees. CA maintains that these actions occurred after CA acquired Wily Technologies, its APM product and its key software engineers in 2006. CA alleges these actions violated obligations Bansal and Sunkara had under agreements with CA, breached duties they owed under law and infringed CA's intellectual property rights."
News For CA From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
December 11, 2014
06:05 EDTCACA Technologies management to meet with FBR Capital
Meeting to be held in Boston on December 16 hosted by FBR Capital.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use