View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
February 4, 2015

Veeam wins patent lawsuit against Symantec

The vendor claims “resounding victory” in three-year legal battle over backup and replication products.

By Amy-Jo Crowley

Virtualisation firm Veeam has claimed a "resounding victory" over its patent battle with Symantec.

Symantec had taken legal action against the rival back in February of 2012, claiming that Veeam had "unlawfully leveraged" four separate patents in its backup and replication products.

"This free riding on Symantec is wrong and Symantec has filed these lawsuits to protect its intellectual property," Symantec said in a blog post at the time.

However, Veeam has said today that Symantec has either been forced to dismiss its claims or had them declared invalid by the US Patent and Trademark Office (USPTO).

"This is a big victory for Veeam. I am pleased with the USPTO rulings," Ratmir Timashev, CEO of Veeam, said.

"This case shows that Veeam will not back down in the face of threats, even when those threats are made by a large company like Symantec,"

The company also announced today that it expects to generate $1bn in annual revenues by 2018, after reporting that total bookings rose by 40% from 2013 to hit $389m in revenues last year.

Content from our partners
Sherif Tawfik: The Middle East and Africa are ready to lead on the climate
What to look for in a modern ERP system
How tech leaders can keep energy costs down and meet efficiency goals

Topics in this article :
Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU