Netezza and IISi Announce Settlement of Litigation
10 Noviembre 2010 - 3:05PM
Business Wire
Netezza Corporation (NYSE: NZ) and Intelligent Integration
Systems, Inc. (IISi) today announced an agreement to settle all
claims involved in the on-going litigation between the companies.
Under the settlement agreement, which became effective today,
Netezza will have ownership of all products and related
intellectual property developed by IISI for the Netezza platforms,
including the geospatial product and extended SQL toolkit. IISI has
retained the right to continue to develop, manufacture and
distribute those products for use on other platforms. Other terms
of the settlement were not disclosed and will remain
confidential.
About Netezza Corporation
Netezza Corporation (NYSE: NZ) is the global leader in data
warehouse, analytic and monitoring appliances that dramatically
simplify high-performance analytics across an extended enterprise.
Netezza’s technology enables organizations to process enormous
amounts of captured data at exceptional speed, providing a
significant competitive and operational advantage in today’s
data-intensive industries, including digital media, energy,
financial services, government, health and life sciences, retail
and telecommunications. Netezza is headquartered in Marlborough,
Massachusetts and has offices in Northern Virginia, the United
Kingdom, Germany, France, Poland, Japan, Korea, Australia and
Singapore. For more information about Netezza, please visit
www.netezza.com.
About IISi
Intelligent Integration Systems, Inc. or "IISi" develops
software products and systems solutions that manage, analyze, and
clean large volumes of data in faster and more cost-effective ways.
IISi was founded in 2005. IISi principals have more than a decade
of experience serving Fortune 500 companies and major non-profits —
including Intel, IBM, HP, 3M, Motorola, AMD, Comcast, AT&T, the
Howard Hughes Medical Institute, and the Democratic National
Committee. Those systems have served the genomic, health, biotech,
consumer intelligence, finance, and semiconductor manufacturing
sectors. For more information, please visit
www.intelligent-isi.com.
Netezza® and the Netezza ‘N’ logo are
registered trademarks of Netezza Corporation. Other names may be
trademarks of their respective owners.
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