SAP To Pay $306M In Damages Over Oracle Copyright Suit

Law360, New York (August 2, 2012, 9:28 PM EDT) -- SAP AG agreed Thursday to pay Oracle Corp. $306 million in damages in a move that precludes a new trial in Oracle’s copyright infringement suit claiming a now-defunct software unit SAP had purchased in 2005 had downloaded unauthorized copies of its business management software.

The agreement filed in California federal court paves the way for Oracle to file an appeal to the Ninth Circuit after the district court in September tossed a jury's historic $1.3 billion verdict against SAP in 2010, the largest copyright jury verdict...
To view the full article, register now.