Last month the BSA reached settlements with Ron Ayers Motorsports, Sentage Corporation and TruStile Doors, LLC. Under the terms of the settlement the companies agreed to pay the BSA $72,053, $80,000 and $92,500 respectively to settle claims that they were using unlicensed copies of software on their computers. Implementing a software license management program so that you…
SAP has eliminated its Basic Support maintenance option priced at 17% of license fees leaving new customers with only a maintenance offering priced at 22% of license fees. Original story located here. Given SAP’s new maintenance scheme, choosing a lawyer to negotiate your SAP software licensing agreement that knows what maintenance concessions SAP will agree to…
The National Consumer Council (the “NCC”) in a study reported here found that software licenses are confusing and have terms that protect the interests of the vendor over those of the end user. To anyone that has reviewed or negotiated a software license these findings are hardly surprising. Signing a license without first having the agreement reviewed…
In a January 28th article, located here, CFO magazine quotes Huron Consulting Group’s Jeffrey Szafran, as saying “revenue-recognition problems . . . are probably the leading cause of restatements among software companies.” The consequences of getting it wrong can be severe. NEC (as reported in that same article) faced with the prospect of restating earnings…