SAP has settled a lawsuit with Security Weaver, a company that provides governance, risk and compliance software.

The two business software companies had filed claims against each other, starting in August, when SAP sued Security Weaver in a Delaware court claiming that Security Weaver made unauthorized use of its trademarks by falsely advertising products as SAP-certified when they had not yet been certified by the German financial software giant. SAP contended that Security Weaver had continued to use the trademarks even after SAP had ordered it to cease and desist.

Security Weaver, for its part, claimed that SAP had unlawfully discouraged prospects and customers from doing business with the smaller company. Security Weaver also complained that SAP had falsely claimed that it had stolen SAP’s software code.

The settlement terms were confidential, but the two companies said they had reached mutually agreeable terms that resolved the outstanding issues between the companies, and all pending litigation has been dismissed.

“SAP is committed to supporting the development and certification of third-party applications for the SAP NetWeaver platform, and we look forward to working with Security Weaver in the future,” said Jens Weitzel, vice president of business development at SAP AG's global ecosystem and partner group, in a statement.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access