“Verisk’s entry into the market has actually supplied a lower-priced alternative to clients. Xactware and Verisk opposed letting EagleView’s claims reach a jury trial and questioned EagleView’s patents with the U.S. Patent Office.”We understand that the continuous litigation has been a distraction to our customers, and we thank them for standing next to us as we were forced to safeguard our IP and innovation in court,” stated Rishi Daga, CEO of EagleView. Verisk has complained in the past about patent trolls and in 2019 signed up with the LOT Network, a nonprofit that fights patent abuse. The purchase of EagleView would have advanced Verisk’s our position in the images analytics market, adding brand-new community and industrial customers.
Xactware and Verisk opposed letting EagleView’s claims reach a jury trial and questioned EagleView’s patents with the U.S. Patent Office.”We comprehend that the ongoing litigation has actually been a diversion to our consumers, and we thank them for standing next to us as we were forced to protect our IP and technology in court,” said Rishi Daga, CEO of EagleView. The purchase of EagleView would have advanced Verisk’s our position in the images analytics market, adding new municipal and commercial consumers.