SAN FRANCISCO (AP) — A Southern California software company says it has settled its lawsuit against German business software maker SAP AG over use of a marketing slogan.
Laserfiche, which makes content management software, said Tuesday that the confidential settlement involves SAP being granted a license to use the trademarked phrase "Run Smarter."
Laserfiche, Run Smarter and Compulink are registered trademarks of Compulink Management Center Inc.
Compulink, based in Long Beach, Calif., alleged in a lawsuit it filed last October in U.S. District Court in Los Angeles that SAP's use of the phrase "Run Smarter" violated its trademark.
A trial was set to begin Tuesday.
SAP shares rose 13 cents, or 0.3 percent, to close at $50.59 on Tuesday.