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SAP Ordered To Pay $1.3 Billion To Oracle

November 29th, 2010 11:48 admin Leave a comment Go to comments

bdcny7927 writes with news that a jury decided to award Oracle $1.3 billion in their lawsuit against SAP after deliberating for less than a day. “The verdict … is the biggest ever for copyright infringement and the largest US jury award of 2010, according to Bloomberg data. The award is about equal to SAP’s forecasted net income for the fourth quarter, excluding some costs, according to the average estimate of analysts… SAP spokesman Bill Wohl said the German software maker will pursue all available options, including post-trial motions and will appeal if necessary.”

Source: SAP Ordered To Pay $1.3 Billion To Oracle

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