Having evaluated the witnesses` credibility and weighed the evidence as a whole, I find the facts to be as follows.
Defendant Jochen Hummel and Iko Knyphausen founded Trados in 1984.
Trados developed proprietary desktop software for translating documents.
In overly simplistic terms, the software stored a database of words and phrases.
In return, Wachovia received 1,801,303 shares of Series A Participating Preferred Stock ("Series A") and 1,838,697 shares of Series B Non-Voting Convertible Preferred Stock ("Series B"), which were convertible on a 1-for-1 basis into Series A.