In 2012, plaintiff had developed the educational software tool ‘Kaleido’, which assesses and analyses the academic performance of school students. Pearson India had invited New Rubric to conduct a pilot study to showcase the product features at a school in Bengaluru managed by it.
The findings of the pilot study and an analysis of the students’ academic performance were shared with Pearson on a confidential basis, after which the parties began commercial discussions for license of the product to Pearson. However, they could not arrive at mutually acceptable terms, and the discussions were discontinued.
Subsequently, in 2015, Pearson launched its own product called MyPedia, which performed functions that were similar to those of Kaleido.
Source: Barandbench