Cognizant sues Infosys: Cognizant sues software rival Infosys over trade secrets

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Cognizant TriZetto has sued Indian IT service major Infosys in Texas federal court on Friday, accusing the latter of stealing trade secrets related to its healthcare insurance software, as per reports. This comes 8 months after Infosys sent a missive to Cognizant accusing the US-based IT firm of unfair employee poaching.

As per reports, Cognizant said in the lawsuit that Infosys illegally extracted data from its databases and used the same to build a competing software. Comments sought from Cognizant didn’t come till the press time, even as an Infosys spokesperson said, “Infosys is aware of the lawsuit. We deny all allegations and will defend our position in the court.”

New Jersey-based Cognizant’s software includes TriZetto’s Facets and QNXT, used by healthcare insurance companies to automate administrative tasks. The reports added that “Infosys misused TriZetto’s software to create ‘Test Cases for Facets,’ which improperly repackaged TriZetto’s data into an Infosys product.”

Cognizant in the complaint also said that the Bengaluru-based Indian IT major breached the law by creating software to extract data from QNXT that includes confidential TriZetto information and trade secrets.

As monetary damages, Cognizant has asked the court for an unspecified amount, and an order to Infosys to stop misusing its trade secrets.

The development also comes a month after Wipro Ltd and its former chief financial officer Jatin Dalal settled their months-long court case, after Cognizant agreed to pay Dalal about $0.5 million as settlement payment and reimbursement of his legal fees.

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Cognizant sues Infosys: Cognizant sues software rival Infosys over trade secrets


Cognizant TriZetto has sued Indian IT service major Infosys in Texas federal court on Friday, accusing the latter of stealing trade secrets related to its healthcare insurance software, as per reports. This comes 8 months after Infosys sent a missive to Cognizant accusing the US-based IT firm of unfair employee poaching.

As per reports, Cognizant said in the lawsuit that Infosys illegally extracted data from its databases and used the same to build a competing software. Comments sought from Cognizant didn’t come till the press time, even as an Infosys spokesperson said, “Infosys is aware of the lawsuit. We deny all allegations and will defend our position in the court.”

New Jersey-based Cognizant’s software includes TriZetto’s Facets and QNXT, used by healthcare insurance companies to automate administrative tasks. The reports added that “Infosys misused TriZetto’s software to create ‘Test Cases for Facets,’ which improperly repackaged TriZetto’s data into an Infosys product.”

Cognizant in the complaint also said that the Bengaluru-based Indian IT major breached the law by creating software to extract data from QNXT that includes confidential TriZetto information and trade secrets.

As monetary damages, Cognizant has asked the court for an unspecified amount, and an order to Infosys to stop misusing its trade secrets.

The development also comes a month after Wipro Ltd and its former chief financial officer Jatin Dalal settled their months-long court case, after Cognizant agreed to pay Dalal about $0.5 million as settlement payment and reimbursement of his legal fees.

Discover the stories of your interest



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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