Friday, October 31, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Pirate Bay Co-founder Sentenced To 42 Months Imprisonment
SEL Showcases 1058ppi And Foldable OLED Displays
New Outlook for Mac Available Now, Office for Mac Coming In 2015
Updated BBM Offers More Privacy, Control and More
Panasonic Raises Profit Outlook
Toshiba Offers New 4TB and 5TB Desktop HDDs
Samsung Introduces New Ultra Slim Galaxy A5 and Galaxy A3 Smartphones For The Chinese Market
Sharp 2Q Profit Slides
Active Discussions
DVD/DL for Optiarc 7191S at 8X
Copied dvd's say blank in computer only
Made video, won't play back easily
New Features In Firefox 33
updated tests for dvd and cd burners
How to generate lots of different CDs quickly
Yamaha CRW-F1UX
help questions structure DVDR
 Home > News > General Computing > SAP to ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, November 25, 2010
SAP to Pay Oracle $1.3B Over Copyright Infrigment


A U.S. District Court for the Northern District of California on Tuesday found that SAP has stolen Oracle's intellectual property software and ordered SAP to pay $1.3 billion.

According to the court, a SAP subsidiary stole a stockpile of software and customer-support documents from password-protected Oracle websites.

Oracle issued the following statement, attributable to Oracle President Safra Catz:

"For more than three years, SAP stole thousands of copies of Oracle software and then resold that software and related services to Oracle's own customers. Right before the trial began, SAP admitted its guilt and liability; then the trial made it clear that SAPs most senior executives were aware of the illegal activity from the very beginning. As a result, a United States Federal Court has ordered SAP to pay Oracle $1.3 billion. This is the largest amount ever awarded for software piracy."

SAP issued the following statement:

"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 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 of this complex case."

The penalty is one of the largest on record for software piracy, and has the potential to reshape the business software landscape because of the extent of the damage to the pocketbook and reputation of one of its biggest players.


Previous
Next
Hitachi and NEDO Develop 3.9Tbit per Square Inch Hard Disk Drive Technology        All News        3D@Home Launches Consumer Website
LG To Enter The Global Lighting Business Next Year     General Computing News      Facebook Strengthens Social Ties, Researchers Say

Get RSS feed Easy Print E-Mail this Message

Related News
IBM and SAP Partner On Enterprise Cloud
Oracle's Ellison Steps Down
Oracle To Buy Micros Systems
Oracle Accelerates Its Databases
Microsoft Extend Cloud Colaboration with SAP
Oracle Wins Appeal In Legal Battle With Google
Microsoft Retains No. 1 Spot; Oracle Moves Into No. 2 In Global Software Market
SAPPHIRE Intros Low Profile Radeon R7 240 Card For Your HTPC
WhatsApp Messenger To Get Voice Calls
Oracle Buys Responsys For $1.5 billion
SAPPHIRE To Exclusively Distribution AMD FirePro Professional Graphics
IBM, Oracle, EMC To Face China Probe Over Security Concerns: report

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .