Hexaware Technologies Ltd

Hexaware Wins Key Legal Battle as US Court Dismisses $500M Patent Claims 🏛️✅

- US court dismissed federal patent claims against Hexaware, ruling Natsoft’s patents covered 'abstract subject matter'.

- State law claims (contractual/business) also dismissed as court declined jurisdiction post-federal dismissal.

- Initial claim by Natsoft & Updraft LLC was for $500M in alleged infringement & breach.

- Hexaware’s platforms (Amaze®, Tensai®, RapidX®) affirmed as original IP with no third-party infringement.

- Company holds US patents for its platforms, with another Tensai® patent pending.

- No material operational, customer, or financial impact from litigation.

- Hexaware maintains confidence in its position and will monitor developments.