Software Stolen By SAP Worth $4B, Oracle CEO Says

Law360, New York (November 8, 2010, 5:40 PM EST) -- The bitter courtroom battle between Oracle Corp. and SAP AG related to a 2005 acquisition heated up Monday, with the Silicon Valley giant's CEO Larry Ellison testifying that the value of business management software allegedly bilked by its rival was at least $4 billion.

Ellison, who founded Oracle in 1977, told an eight-member jury in the U.S. District Court for the Northern District of California that the number was partially based on the company's decision to buy PeopleSoft for $11.1 billion in 2005, a move that...
To view the full article, register now.