Statement on the Judgment in the Dispute Between PhenixID and FortifiedID

The Swedish Patent and Market Court of Appeal has issued its judgment in the case between PhenixID AB and FortifiedID AB. The Court overturned the previous ruling of the Patent and Market Court and found that FortifiedID had intentionally misappropriated PhenixID’s trade secrets by acquiring and using portions of PhenixID’s source code in violation of the Swedish Trade Secrets Act.