
By Agency Reporter
Thursday, 25 Nov 2010
EUROPE: European software giant, SAP, has been ordered by a Californian court to pay United States rival, Oracle, $1.3bn (£820m) after losing a data theft case, the British Broadcasting Corporation reported on Wednesday.
The case revolved around customer-support documents and software stolen by SAP‘s subsidiary, TomorrowNow.
Oracle alleged that the German company intended to use the data to poach the 358 customers involved, and demanded $1.65bn compensation.
SAP had claimed that it owed only $40m, but the jury decided in Oracle‘s favour.
SAP said it was disappointed with the jury‘s decision and would look to challenge the verdict.
â€ÂÂWe will pursue all available options, including post-trial motions and appeal if necessary,†it said in a statement.
It did, however, reiterate that it had made a mistake: â€ÂÂWe regret the actions of TomorrowNow, we have accepted liability, and have been willing to fairly compensate Oracle.†It said.
Oracle co-President, Ms. Safra Catz, expressed her satisfaction with the verdict: â€ÂÂFor 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.
â€ÂÂThe trial made it clear that SAP‘s most senior executives were aware of the illegal activity from the very beginning.â€ÂÂ
Observers said that the verdict represented a resounding victory for the United States firm, which launched its lawsuit against SAP in March 2007.
â€ÂÂOracle has always dreamed big in this case and all their dreams came true. It just turned out to be a real windfall for them,†law professor at Santa Clara University, Mr.Eric Goldman, said.
The three-week trial included testimony from Oracle‘s Chief Executive Officer, Mr. Larry Ellison, as well as SAP co-Chief Executive Officer, Bill McDermott.
The jury reached its decision after only a day of deliberation.
Source: Punch


