Reuters: Technology News: IBM surprised by Avantor lawsuit, calls claims exaggerated

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IBM surprised by Avantor lawsuit, calls claims exaggerated Nov 10th 2012, 18:11 Tweet Share this Email Print Related News Chemicals producer Avantor sues IBM over software project Fri, Nov 9 2012 IBM revenue hurt by strong dollar, tight IT budgets Tue, Oct 16 2012 Related Topics Investing Simplified » Tech » A worker is pictured behind a logo at the IBM stand on the CeBIT computer fair in Hanover February 26, 2011. Credit: Reuters/Tobias Schwarz Sat Nov 10, 2012 1:11pm EST (Reuters) - IBM, which is being sued by chemicals manufacturer Avantor Performance Materials for fraud and breach of contract in connection with a software project, said the accusations were blown out of proportion and that it was surprised by the move. "We believe the allegations in the complaint are exaggerated and misguided and are surprised that Avantor chose to file suit," the company said late on Friday in an emailed statement. IBM said it had "met its contractual obligations and delivered a solution that Avantor continued to use in its operations." Avantor, which produces chemicals and raw materials for pharmaceutical products, laboratory chemicals and chemicals used in the electronics industry, filed a lawsuit on Thursday in the U.S. District Court for the District of New Jersey. It said it was seeking tens of million in damages from IBM, which according to the lawsuit, had misrepresented the capabilities of a software program that runs on a platform by SAP, resulting "in a near standstill" of Avantor's business. (Reporting By Nicola Leske; Editing by Vicki Allen) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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