Sunday, February 07, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Files Patent For A Vein-authentication System On A Smartwatch
BlackBerry Cuts 200 Jobs To Trim Costs
Taiwan Earthquake Temporarily Suspended TSMC's And UMC's Production
Samsung Loses Memory-Chip patent Trial Against Nvidia
Twitter Suspends Accounts To Combat Extremism
Apple Error Message Killing iPhones After Replacing Displays
Mozilla Pulls The Plug On Firefox Smartphone OS
CDs Remain Popular In Japan
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
 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
Oracle To Kill Java Plug-in For Browsers
Facebook's WhatsApp Drops Subscriptions, Adds Encryption
Oracle SettleS FTC Charges It Deceived Consumers About Java
Oracle Breakthrough SPARC M7 Processor and Systems Design
Oracle Unveils New Services, Layouts Java's Future
SAPPHIRE Launches New Embedded Solutions Based on AMD Embedded R-Series SOC
Google Loses Appeal In Case Against Oracle
Oracle Extends Enterprise Cloud Portfolio
SAP Launches Next Generation Enterprise Software with a New Business Suite
WhatsApp Could Soon Reach Your Desktop
WhatsApp to Provide end-to-end Encryption
Oracle, SAP Settle Lawsuit

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .