financetom
Business
financetom
/
Business
/
IBM wins UK lawsuit against LzLabs over alleged theft of mainframe technology
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
IBM wins UK lawsuit against LzLabs over alleged theft of mainframe technology
Mar 10, 2025 5:06 AM

LONDON, March 10 (Reuters) - IBM ( IBM ) on Monday won a

London lawsuit against U.S. tech entrepreneur and philanthropist

John Moores' company LzLabs, which the IT giant accused of

stealing trade secrets.

IBM ( IBM ) sued Switzerland-based LzLabs, two English subsidiaries

and their ultimate owner Moores, who previously owned Major

League Baseball's San Diego Padres team and founded information

technology company BMC Software in 1980, at the High Court.

The company alleged LzLabs' UK subsidiary Winsopia purchased

an IBM ( IBM ) mainframe computer and agreed a licence with IBM ( IBM ) in 2013,

before using the access to reverse-engineer IBM's ( IBM ) mainframe

software.

LzLabs and Moores fought the lawsuit, arguing LzLabs

developed its own software after nearly a decade of work and

there was no unlawful use of IBM's ( IBM ) licensed software.

But the High Court largely ruled in IBM's ( IBM ) favour, with Judge

Finola O'Farrell saying in a written ruling that Winsopia

breached the terms of its IBM ( IBM ) software licence and that "LzLabs

and Mr Moores unlawfully procured (those) breaches."

Monday's ruling followed a trial last year to determine

whether the defendants were liable to IBM ( IBM ), with a further

hearing to determine any damages to take place in due course.

IBM's ( IBM ) case against another British subsidiary, LzLabs

Limited, and LzLabs' current and former CEO was rejected.

IBM ( IBM ) and LzLabs did not immediately respond to a request for

comment. Moores could not immediately be reached for comment.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
GA GROUP ANNOUNCES ACQUISITION OF CBC GROUP LLC
GA GROUP ANNOUNCES ACQUISITION OF CBC GROUP LLC
Nov 3, 2025
WESTLAKE VILLAGE, Calif., Nov. 3, 2025 /PRNewswire/ -- Great American Holdings, LLC (GA Group), an industry-leading provider of valuation, field exam, liquidation, and real estate services, and majority-owned by funds managed by Oaktree Capital Management, L.P. (Oaktree), today announced the acquisition of CBC Group, LLC, (CBC) a field examination company serving the asset-based lending examination outsourcing needs of middle-market commercial...
Cardinal Health Completes Acquisition of Solaris Health
Cardinal Health Completes Acquisition of Solaris Health
Nov 3, 2025
09:12 AM EST, 11/03/2025 (MT Newswires) -- Cardinal Health ( CAH ) said Monday it has completed the acquisition of Solaris Health, adding more than 750 providers across 250 practice locations in 14 states. The company said the deal expands its Urology Alliance within its multi-specialty management services organization platform, The Specialty Alliance, strengthening its presence in specialty healthcare services....
Canadian Economy Strikes Out, Says Rosenberg Research
Canadian Economy Strikes Out, Says Rosenberg Research
Nov 3, 2025
09:14 AM EST, 11/03/2025 (MT Newswires) -- The confident view that the Bank of Canada was done cutting rates for good had some water thrown in the face on Friday, as real gross domestic product contracted by a hefty 0.3% month over month in August, which came as a negative surprise to the flat performance penciled in by the consensus...
First Atlantic Nickel On Phase 2X Drilling at RPM Zone Within Newly Expanded 4-Kilometer Target
First Atlantic Nickel On Phase 2X Drilling at RPM Zone Within Newly Expanded 4-Kilometer Target
Nov 3, 2025
09:14 AM EST, 11/03/2025 (MT Newswires) -- First Atlantic Nickel ( FANCF ) on Monday announced visual drilling results from Phase 2X holes AN-25-09 and AN-25-10 at the RPM Zone within its Pipestone XL Nickel Alloy Project in central Newfoundland. According to a statement, Phase 2X drilling continues to expand the lateral width of awaruite mineralization within the newly defined...
Copyright 2023-2026 - www.financetom.com All Rights Reserved