Teradata filed a lawsuit June 20 in U.S. District Court against German software maker SAP, alleging that SAP took trade secrets from Teradata, infringed its copyrights and violated antitrust laws.
Teradata (NYSE: TDC) is a cloud-based data and analytics company that has 1,000 employees in Rancho Bernardo and is moving its headquarters from Ohio to San Diego.
In a press release, the company said it has been part of a joint venture with SAP since 2008. It alleged that SAP stole knowledge that took Teradata four decades to accumulate. It said it is seeking an injunction against SAP, monetary damages and other relief the court may deem proper.
SAP issued the following statement:
“SAP was surprised to learn of the complaint filed by Teradata earlier today in the U.S. District Court for the Northern District of California. Although SAP generally does not comment on pending litigation, SAP may issue a statement, if appropriate, after it has had an opportunity to review the complaint.”
Morrison & Foerster LLP is representing Teradata. The U.S. District Court for the Northern District of California is located in San Francisco, Oakland and San Jose.
