STOCKWATCH
·
Computers - Software & Consulting
Legal27 Oct 2025, 08:41 pm

Hexaware Denies Meritless Patent Lawsuit Filed by Natsoft, Confident in Positive Outcome

AI Summary

Hexaware Technologies Limited has issued a statement regarding a patent lawsuit filed by Natsoft Corporation and its affiliate, Updraft LLC. The company denies all allegations and believes the claims are without merit. Hexaware does not expect the lawsuit to have any material financial or operational impact. The company will vigorously defend its position and is considering all options, including a challenge to the validity of the asserted patents and a motion to dismiss the complaint. Hexaware maintains its platforms are the result of original engineering and do not infringe upon any Natsoft or third-party intellectual property rights.

Key Highlights

  • Hexaware denies all allegations in the meritless patent lawsuit filed by Natsoft.
  • The company does not expect any material financial or operational impact from the lawsuit.
  • Hexaware will vigorously defend its position and consider all options, including a challenge to the validity of the patents and a motion to dismiss.
  • Hexaware maintains its platforms are the result of original engineering and do not infringe upon any Natsoft or third-party intellectual property rights.
  • The company is confident in a positive outcome as the facts are reviewed.
HEXT
Computers - Software & Consulting
Hexaware Technologies Ltd

Price Impact