Blog Search
Blog Archive
Latest 3D & Games
Latest All Topics
Latest Technology Blogs
Latest Web & Internet
Latest in TV World
Latest Science Blogs
Latest Movie Blogs
 News
General News Articles

Current Articles | Archives | Search

Jury gives Oracle $1.3 billion in copyright damages from SAP   Jury gives Oracle $1.3 billion in copyright damages from SAP
By Salar Golestanian @ 28 Nov 2010 :: Article Rating
 
Yes you heard it right. A whopping $1.3 Billion in a court in Oakland, California. This was a 11-day trial that resulted SAP getting a “toxic Christmas Present from Oracle”  

SAP spokesman Bill Wohl said the German Software Maker will pursue all available options. Including post-trial motion and will appeal if necessary. This will no doubt prolong the process.

I am just amazed that these sorts of things happen at this high level. The amount of money involved is so high that a Hollywood Movie could be made from the story. And it is even more strange that this kind of dispute is not sorted out quietly out of court.

I have been watching this case on and off, not only for the amount of money involved but also for the personalities and companies behind the disputes. On one side was Lawrence J. Ellison, the pugnacious chief executive of Oracle and the third-richest man in America, and on the other side were the executives of SAP, who had admitted making illicit copies of Oracle’s software and manuals while insisting that the theft really didn’t cause much damage.

The dispute was not over the deed, but over how big the damages were. Mr. Ellison, known as one of the best salesmen in Silicon Valley, told the jury that Oracle was owed billions. SAP countered that he was exaggerating and damages were no more than $41 million. The eight-person jury settled on damages closer to Mr. Ellison’s number.

The problem is that the amount Oracle was awarded in the case may seem like a bonanza to most people. But to Oracle, the award will not substantially change its fortunes.

Having looked at both share prices over the last 5 years, it there is not much change in fortunes of either of this software supper powers.
Rating
Comments
Only registered users may post comments.
About Scifiwood News Reviews and Blogs
These are various short and long News Articles, Reviews and Blogs by Salar Golestanian and employees of SalarO.com as well as contributors of Scifiwood.com. The subject matter are mixed topics with Pure Science to Science Fiction as well as general topics on Web Trends, Technology, Software Engineering genre, or whatever subject that can affect the convergence of today's technology with Science Fiction in any shape or form.  These Blogs and Reviews don't have commercial or corporate aspiration, so they are indeed completely independent views. Some of these entries may be short and just link you to the actual news or site that can expand further on the subject of interest.  In Phase II we plan to incorporate some Social Networking applications within the portal.
Copyright 2011 by SalarO   |  Terms Of Use  |  Privacy Statement