EBay accused of patent infringement by XPRT
YORK Wednesday morning news EBay Tuesday was a company in Connecticut to prosecute, said EBay's PayPal payment system violated its six patents, and asked for 3.8 billion U.S. dollars of compensation.
XPRT Ventures LLC in Delaware federal court against EBay to steal the results of its proprietary and patented technologies incorporated into these EBay's PayPal payment and later credit the PayPal payment system buyers.
XPRT eBay said in April 30th, 2003 filed called "commercial transaction method and system of automatic payment," the patent application, but the company did not tell the U.S. Patent and Trademark Office that it has been aware of XPRT in patent application.
on behalf of the plaintiff's Kelley Drye & Warren LLP partner Steven Moore said, "This involves the theft of trade secrets and patent infringement. Steal other people's technology has been bad enough, and using other people's technology patent more on the heinous crime. "
EBay There are no phone calls about the matter and respond to e-mail.
EBay's annual report revealed that the company pay the bill to bring business in 2009 net revenue of 2.8 billion U.S. dollars, accounting for 8.73 billion U.S. dollars of total revenue accounted for 32%.
XPRT value based on current projections, EBay should be compensation for the loss of at least 3.8 billion U.S. dollars. The company also sought to EBay's "reckless, malicious acts" punishable by three times the punishment.
the company's subsidiary PayPal will also EBay, Bill Me Later, Shopping.Com and StubHub as defendants. XPRT based in Greenwich, Conn., EBay headquarters in San Jose, California.
EBay Tuesday on the Nasdaq market rose 80 cents to 21.02 U.S. dollars, or 4%.
