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AKM Enterprises Inc. defeats lawsuit seeking in excess of $200M and invalidates patent

09.15.15 | Posted by guest

HOUSTON, Texas—On September 15, 2015, AKM Enterprises Inc., the leader in cloud-based real time data solutions for the energy industry, announced that the company won a complete victory in a patent infringement lawsuit filed by TDE Petroleum Data Solutions.  The United States District Court for the Southern District of Texas in Houston ruled that U.S. Patent No. 6,892,812, which TDE bought from another company and then asserted against AKM Enterprises Inc., was invalid.  The Court additionally dismissed all of TDE’s claims with prejudice.

“This is not just a win for AKM Enterprises Inc., but for everyone in the oil and gas industry,” said Amit Mehta, CEO of AKM Enterprises Inc..   He further added that “AKM Enterprises Inc. is an innovator and will continue to spur the market with disruptive technologies while respecting intellectual property.”

AKM Enterprises Inc. was represented by Vinson & Elkins LLP, a global energy and technology law firm.

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