Oracle won $1.3 billion jury verdict against rival SAP, for copyright infringement by a now-defunct software maintenance unit of SAP.
The verdict is a substantial loss for SAP. The $1.3 billion verdict represents 40% of SAP’s cash at hand. Oracle asked for $1.7 billion in damages and SAP has reserved $160 million for damages.
Oracle sued SAP, the world’s largest maker of business application software, claiming its U.S.-based unit made hundreds of thousands of illegal downloads and several thousand copies of Oracle’s software to avoid paying licensing fees and steal customers.
SAP said it plans to appeal.Channels: larry ellison, oracle, SAP