Friday, September 2, 2011

SAP may tip billion penalty for software theft

SAP may tip billion penalty for software theft

The German software giant SAP is a 1.3 billion dollar problem for the time being going on: A judge in Oakland, California, has conceded the decision on the damages that should pay for the Walldorf data theft at its U.S. arch-rival Oracle. The amount was "extremely exaggerated," observed Judge Phyllis Hamilton. Oracle either accepted, according to U.S. media is now a payment of 272 million dollars (191 million euros), or SAP is a completely new trial. So SAP has achieved its goal to stifle the end of last year issued, the original verdict of a jury.

"We are pleased with the significant reduction of damages," said a SAP spokesperson, adding: ". We hope the decision will help the court to bring this case to an end" The process has been underway for years. An Oracle spokeswoman, however, made the same dashed hopes that the dispute could end soon. "We are convinced that the jury was right," she explained, "and we intend to collect the full amount of damages it is entitled to our opinion, Oracle." The stolen data had had an "enormous value".

SAP was the acquisition of software-maintenance company TomorrowNow in 2005 advised the mess. TomorrowNow employees had illegally downloaded in grand style updates in Oracle. Oracle sued in 2007 on charges of data theft and got the end of November before a grand jury law. SAP has acknowledged the failings in the core and apologized for it.

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