Bellevue, WA (October 21,
2019) – EagleView, a leading technology provider of
aerial imagery and data analytics, today announced that on Friday, October 18,
2019, Judge Renee Marie Bumb for the U.S. District Court of New Jersey ruled
that a permanent injunction against Xactware Solutions, Inc. and Verisk
Analytics, Inc. (Nasdaq: VRSK) will take effect immediately to protect
EagleView’s proprietary intellectual property (IP) and prevent Xactware and
Verisk’s further willful infringement of EagleView’s technology.
“The Court’s order allows
us to connect with new, returning and existing customers whom we are excited to
support,” said Rishi Daga, CEO of EagleView. “Our commitment to serving all
customers with innovative products of the highest quality remains as firm as
ever. We are pleased that the Court safeguarded our innovative technologies and
halted the Defendants’ illegal activities that sought to undermine our business
for years.”
The Court’s order and 39-page opinion detailed that, “[the] Defendants announced
in their formal, written business strategy that they viewed EagleView as a
‘threat,’ and so set out to ‘aggressively’ erode EagleView’s market share and
undercut EagleView’s prices.” This “aggressive business strategy” involved
“what the jury found to be willful infringement and unfair competition.”
Accordingly, the Court’s permanent injunction restrains and enjoins the Defendants
from, among other things, making, offering to sell, selling, importing and/or
using any products made by the infringing processes, including Property
Insight, Roof Insight, Geomni Roof, Geomni Property and “any products not more
than colorably different” from those products.
Previously on September 26, 2019, EagleView announced a critical legal decision establishing that Xactware and Verisk willfully infringed EagleView’s IP. The jury sided with EagleView on every issue and awarded the company $125 million in damages. The patents involved in the case were among the more than 200 in EagleView’s portfolio.
Customers who may be impacted by the Court’s order for permanent injunction of Property Insight, Roof Insight, Geomni Roof, Geomni Property and Aerial Sketch version 2 are encouraged to contact the EagleView Support page for more information: https://www.eagleview.com/support/.
Kirkland & Ellis LLP
and Walsh Pizzi O'Reilly Falanga LLP, co-counsel, represented EagleView at all
levels of litigation and related patent proceedings, including Friday’s
permanent injunction.
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About EagleView
EagleView is transforming
the way you work by bringing you the highest level of accuracy in a constantly
changing world. EagleView combines computer vision technology with imagery that
reveals the finest and most important details to help you identify insights
into any location—from anywhere. By delivering timely, comprehensive answers to
complex questions, we help professionals across industries improve people’s
lives and make informed decisions for the present and future. For more
information, call (866) 659-8439, visit eagleview.com and follow @eagleviewtech.
Media Contact
Olivia A. Clarke
olivia.clarke@kirkland.com
1 (312) 862-2461