Oracle Takes Reduced $357M Award In SAP Copyright Suit
Law360, Los Angeles (November 13, 2014, 9:42 PM EST) -- Oracle Corp. has accepted $356.7 million from SAP AG for infringing Oracle's software copyrights, according to a Thursday filing, taking the lesser amount authorized by the Ninth Circuit when it refused to reinstate the $1.3 billion a jury had awarded in the case.
The stipulated judgment entered Thursday avoids a new trial on damages and brings to an end Oracle's suit against SAP and its defunct unit TomorrowNow Inc. over violation of copyrights on Oracle's business software. The stipulation holds that judgment is entered against SAP's TomorrowNow for direct copyright infringement, and against SAP for indirect copyright infringement, and it is...
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