NEWS /
SAP To Pay Oracle $ 1.3 Billion
24 Nov, 2010, 12:12 pm IST | by
Roshan DSilva
|
|
A US court today announced that SAP has to pay Oracle 1.3 Billion dollars for stealing its customer data. The verdict came after months of deliberation by the U.S. District Court in California. War Of Words!! All this began in 2007 when Oracle sued SAP for making thousands of copies of Oracle software as well as initiating hundreds of thousands of illegal downloads. SAP then sold the same software and related services to Oracle's own customers in an effort to drive customers away from Oracle.Oracle claimed that the value of software would have been worth over $ 2 billion over its entire lifetime, SAP who admitted guilt and apologized for the infringement said that the actual value is not more than $40 million because it managed to persuade only a few hundred of Oracle’s customers to defect. The copyright infringement took place at SAP’s TomorrowNow subsidiary, which handled tech support for software running in large corporations. The subsidiary which was shut in 2008, illicitly copied a large library of Oracle’s software and customer manuals. Chief Executive of Oracle, Lawrence J. Ellison said that the dispute was not over the deed, but over how big the damages were, while SAP countered that the number set by Mr. Ellison was exaggerated and that damages were no more than $41 million. Safra A. Catz, Oracle’s co-president, said, “Right before the trial began, SAP admitted its guilt and liability. Then the trial made it clear that SAP’s most senior executives were aware of the illegal activity from the very beginning.” While SAP, in a statement said “We are, of course, disappointed by this verdict and will pursue all available options, including post-trial motions and appeal if necessary. This will unfortunately be a prolonged process and we continue to hope that the matter can be resolved appropriately without more years of litigation. The mark of a leading company is the way it handles its mistakes. As stated in court, we regret the actions of TN (TomorrowNow) , we have accepted liability, and have been willing to fairly compensate Oracle. Throughout this matter, our customers, employees and partners have stood by us and, for that, we are grateful. Our focus now is looking forward, helping our customers be best run businesses, and extending our legacy of industry leadership well into the future. We thank the jury for its diligent service through this lengthy trial and the Court for its supervision. The entire episode drives home the point that companies now have to be very careful when it comes to copyright infringement and that a company will go to great lengths to protect its creations. |
Mixx
Facebook
Twitter
Digg
delicious
reddit
MySpace
StumbleUpon
LinkedIn
British Telecom sues Google over Android and other services
British Telecom (BT) sues Google over latter’s Android and other services. British telecom states that Google ...
Oracle's Ellison shows off new tech hardware
Oracle seeks $1.16 bln from Google in Android case
DefCon Exposes Lax Security Practices of Corporations
Google Calls Out Microsoft - Apple Gang Up
Now,Google to Pay $15 Per Handset for Using Oracle's Patented Technology
Oracle Unveils New Hardware For Managing Cloud Computing
Leaked Images, Availability, Pricing,
Specs, Pre-order
Karbonn officially launches the A9 Android smartphone
14 May, 2012, 06:14 PM IST
Supreme Court website hacked in response to TPB, Vimeo block
17 May, 2012, 04:46 PM IST
Sony Xperia P up for pre-order on Infibeam, launching on 25 May
19 May, 2012, 04:32 PM IST
Samsung Galaxy S III pops up on eBay India for Rs. 44,770
22 May, 2012, 11:19 AM IST
16 May, 2012, 11:57 AM IST
The latest "should they-shouldn't they" event with Facebook is the lift of the minimu...
Creative Sound Blaster Recon3D Fatal1ty Champion Review
26 May, 2012, 04:13 PM IST
6.0
Back in the day when audio solutions weren’t integrated into motherboards, people had to go out and buy their own sound cards. They were large
Asus Eee Pad Transformer Prime TF201 Review
Portable Wi-Fi Drives for your smartphone
Fed up of the limited storage on your mobile device? Here are some devices
Top 5 potential Gmail alternatives
Google’s Gmail service is arguably the most advanced and feature-packed...
Five ways to beat the petrol hike
Petrol prices went up by a considerable amount post Wednesday, and this...
By Karan Shah
SpaceX's Dragon capsule locks up to the ISS
26 May, 2012, 04:18 PM IST
In a moment that is nothing short of being historic, SpaceX’s Dragon capsule has, according to NASA reports ...
Microsoft VP talks about Ballmer's new tech - an 80-inch touchscreen
Cisco won't invest in their Android tablet for businesses
Yahoo! shuts down Livestand 6 months after launch
Giant radio telescope gets split location
776 views
_011517074205_160x90.jpg "Epson Stylus Photo R3000")
Sony to roll-out ICS update next week,...
BlackBerry Curve 9320 announced in India...
Microsoft VP talks about Ballmer's...
Cisco won't invest in their Android...
About Us | Site Profile | Tech2 Team | IBNLive News | IBNLive Hindi News | Cricket News | Indian Stock Market | Policy | T & C
Copyright © 2011, Tech2.com India - A Network 18 India Venture
