Kinaxis Settles Blue Yonder Pending Litigation-February 2024-www.financetom.com

Kinaxis Settles Blue Yonder Pending Litigation

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Kinaxis Settles Blue Yonder Pending Litigation

Feb 13, 2025 5:00 AM

07:38 AM EST, 02/13/2025 (MT Newswires) -- Kinaxis ( KXSCF ) , a supply chain company, on Thursday said it has entered into a settlement agreement with Blue Yonder Group, to "fully resolve" all pending litigation matters between the companies which includes Blue Yonder's patent infringement claims and Kinaxis' ( KXSCF ) trade secret misappropriation counterclaims.

In Dec. 2020, Blue Yonder filed a lawsuit alleging Kinaxis' ( KXSCF ) infringement of six of its patents covering supply chain management technologies. Kinaxis ( KXSCF ) countersued, alleging Blue Yonder had misappropriated certain of Kinaxis' ( KXSCF ) trade secrets.

The terms of the settlement are confidential.

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