DENVER--(BUSINESS WIRE)--Vendavo, a leading provider of intelligent profit optimization and sales intelligence solutions, announced today that it has filed a patent infringement lawsuit against Price f(x) in the United States District Court for the Northern District of California alleging that Price f(x) infringes on U.S. Patent Nos. 8,396,814; 7,640,198; 7,308,421; 8,412,598; 7,912,792, has misappropriated Vendavo trade secrets, and is unfairly competing with Vendavo in the marketplace.
Vendavo empowers Global 2000 companies with world-class, innovative profit and sales intelligence solutions that yield insights necessary to drive bottom line growth. The company’s solutions are used by hundreds of large enterprise customers that span the globe and are the result of many years of perfecting software and solutions for a wide array of industries. Vendavo seeks an injunction against Price f(x)’s ongoing sales and service contracts as well as monetary damages.
Bruno Slosse, Vendavo President and CEO, noted, “We have an obligation to our shareholders and to our customers to ensure that their investments in our intellectual property are protected, and while we welcome fair competition, we cannot tolerate theft of our world-class commercial excellence solutions that we have spent decades of investment developing for our customers.”
Vendavo harnesses the power of Big Data to generate actionable insights that enable businesses to sell more profitably. Our commercial excellence solutions help global customers make better data-driven decisions for profit, pricing and sales effectiveness. Using cutting-edge analytics and deep industry expertise, Vendavo boasts the largest number of implementations for B2B enterprises in the industry, having helped hundreds of large enterprise companies dramatically increase revenue, improve profit margins and maximize shareholder value. Located across the globe, Vendavo is the solution of choice for Global 2000 companies in industries such as chemicals, industrial manufacturing, high-tech, and distribution.