Redis to return misappropriated information to Couchbase
SANTA CLARA, Calif., Jan. 28, 2020 – Couchbase, the creator of the enterprise-class, multicloud to edge NoSQL database, today announced that it has reached a settlement with Redis Labs, Inc. (“Redis”) in connection with Couchbase’s trade secret litigation pending in the Superior Court of the State of California (Case No. 1-17-CV-307618).
In March 2017, Couchbase filed a lawsuit alleging that current and former Redis employees misappropriated Couchbase trade secrets; Redis and the individual defendants denied Couchbase’s allegations. Under the parties’ settlement, Redis has agreed to return any Couchbase confidential and trade secret information in its possession and is permanently barred by Court order from soliciting, possessing, or using Couchbase trade secrets or confidential information in the future; the remaining terms of the parties’ settlement are confidential. The litigation has been dismissed. Further details about the case can be found in public court documents.
“At Couchbase, we believe in acting with uncompromised integrity, period. We also believe in attacking hard problems, driven by customer outcomes. We invest significant resources to both develop industry-leading innovation and to bring that innovation to the marketplace. We hope that this settlement will serve as a reminder that integrity counts in the pursuit of building a great company."
-- Matt Cain, President & CEO, Couchbase
At Couchbase, we believe data is at the heart of the enterprise. We empower developers and architects to build, deploy, and run their most mission-critical applications. Couchbase delivers a high-performance, flexible, and scalable modern database that runs across the data center and any cloud. Many of the world’s largest enterprises rely on Couchbase to power the core applications their businesses depend on. For more information, visit www.couchbase.com.