Datalex sued in US over patents
Irish travel software firm Datalex has become the latest target of a US-based technology minnow suing the firm for alleged patent breaches.
Texas-based CEATS, a two-man show founded and headed by former US marine Milford Skane, has claimed in documents filed at one of the state's courts that Datalex's Irish and US divisions have been in breach of a number of patents held by CEATS. The patents in question are used for computerised seat and ticket selection and reservations for airlines, music and sporting events.
Datalex, in which financier Dermot Desmond's IIU Underwriting vehicle has a 29pc stake, has developed software for the travel trade since the mid-1980s and its clients include Air China and United.
Datalex -- which is listed in Dublin and has a market capitalisation of about €25m -- has been the subject of stakebuilding by Irish businessman Nick Furlong in recent months.
Mr Furlong is a majority owner of Xtravision and his Pageant Holdings vehicle now owns about 8pc of Datalex.