IBM wins UK lawsuit against LzLabs over alleged theft of mainframe technology

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IBM wins UK lawsuit against LzLabs over alleged theft of mainframe technology

//business-finance.news-articles.net/content/202 .. -over-alleged-theft-of-mainframe-technology.html

Published in Business and Finance on Monday, March 10th 2025 at 13:20 GMT by Reuters
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

IBM on Monday won a London lawsuit against U.S. tech entrepreneur and philanthropist John Moores' company LzLabs, which the IT giant accused of stealing trade secrets.

IBM has successfully defended itself in a UK lawsuit against LzLabs, a Swiss company accused of stealing IBM's mainframe technology. The lawsuit, filed in 2022, alleged that LzLabs misappropriated IBM's intellectual property to develop software that could run mainframe applications on less expensive systems. The UK High Court dismissed the case, ruling that IBM's claims were unfounded. This victory for IBM underscores the complexities of intellectual property rights in the tech industry, particularly concerning legacy systems and software emulation. The dismissal also highlights the challenges companies face in protecting their proprietary technologies in an increasingly competitive market.

Read the Full Reuters Article at:
[ https://www.msn.com/en-ca/money/topstories/ibm-wins-uk-lawsuit-against-lzlabs-over-alleged-theft-of-mainframe-technology/ar-AA1ABW9g ]

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