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By Nidharshana | Aug 24, 2020 12:04 PM

US court on Friday, charged Tata Consultancy Services (TCS) $140 million as compensatory damage in an intellectual property lawsuit which was filed by Epic System Corp. Wisconsin-based company, The Verona complained of this theft.

For Stealing secret TCS to pay $140 million in damages to Epic

According to the company, TCS employees had stolen certain trade secrets of the company while coordinating with them for a project. In 2014, TCS was hired by Epic to help aid the company in setting up a medical facility in Portland, US. During the tenure of that project, TCS employees who were working at the site had gained knowledge of certain trade secrets.

Trade secret under the US intellectual properties rights, is defined as “a formula, pattern, compilation, program, device, method, technique or process”, which can present a company with an “opportunity to obtain an economic advantage over competitors who do not know or use it.”

Basing factors upon the information gained, TCS built a “rip-off” of the original software that Epic had developed. Hence, charges were pressed.

In 2016, TCS was found guilty and from several hundred millions, the cost imposed on TCS was brought down. On Friday, the US court declared $140 million but also asked the lower court to reconsider the $280 million charged for punitive damages.

However, throughout, TCS maintained its case and said that it did not “misuse or derive any benefit from downloaded documents from Epic Systems.”

அரசியல், விளையாட்டு, நாட்டுநடப்பு, குற்ற சம்பவங்கள், வர்த்தகம், தொழில்நுட்பம், சினிமா, வாழ்க்கை முறை என பலதரப்பட்ட சுவாரஸ்யமான செய்திகளை தமிழில் படிக்க இங்கு கிளிக் செய்யவும்      



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