Cloud Computing: SAP to Pay Oracle at Least $306 Million in Damages
Grazed from Sys Con Media. Author: Maureen O’Gara.
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Oracle has managed to squeeze a few more bucks out of SAP for its admitted copyright infringement a few years ago.
Oracle won a handsome $1.3 billion from a jury in 2010, but the judge thought that was over the top and cut it down to $272 million. Instead Oracle opted for a new trial, which was scheduled to start August 27.
However, last Thursday – "to save the time and expense of this new trial" – the pair came to a settlement agreement that guarantees Oracle $306 million in damages plus attorneys’ fees or at least $426 million while it goes off and appeals to try to get the whole $1.3 billion…

