A federal appeals court, specifically the Fifth Circuit, has reversed a previous judgment that required IBM to pay $1.6 billion to BMC Software. The court's decision came after finding that IBM had replaced BMC's mainframe software at AT&T with its own software based on AT&T's request. This overturns a 2022 decision where IBM was initially found liable for improperly replacing BMC's software.
The 5th Circuit overturned a judgment requiring IBM to pay rival BMC $1.6 billion over a software contract and said a lower court judge's determination concerning liability was in error https://t.co/U7crNP1NOP https://t.co/nVEQo6RJl8
The Fifth Circuit reversed a $1.6 billion ruling against IBM, finding that Houston-based software company BMC lost out to IBM "fair and square" when IBM fulfilled a request by mutual client AT&T to replace BMC's software in AT&T's mainframe with IBM's. https://t.co/QOtcJgwN2C https://t.co/3oYraZYnkw
IBM wins a court decision overturning $1.6B in damages it was ordered to pay BMC in 2022 for swapping in its own software while servicing a mutual client, AT&T (@madlinbmek / Bloomberg) https://t.co/ASc7dSW7O0 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/qIh7kDKcGj
IBM wins reversal of $1.6 billion judgment to BMC over software contract https://t.co/cceIk7vXQu https://t.co/hFF8OrK7WE
IBM won a court decision overturning a $1.6 billion penalty it was ordered to pay BMC in 2022 https://t.co/1g4nqxlKNn
A federal appeals court overturned a judgment requiring IBM to pay rival BMC Software $1.6 billion, after a judge found IBM improperly replaced BMC's mainframe software at AT&T with its own https://t.co/U7crNP2lEn https://t.co/lbsACochlV