SAP Will Pay $306 Million in Damages in Copyright Lawsuit with Oracle

Submitted by patentadmin on Fri, 08/03/2012 - 13:32

August 3, 2012 - SAP agreed to pay $306 million in damages to its competitor Oracle Corp. in order to avoid a new trial over copyright infringement. Under the agreement, which requires court approval to finalize, SAP has also paid Oracle $120 million in legal fees.

In 2010, a jury determined that SAP's now-defunct subsidiary TomorrowNow was liable for copyright infringement for wrongfully downloading millions of Oracle files related to its business management software.

"Although we believe that $306 million is more than the appropriate damages amount, we agreed to this in an effort to bring this case to a reasonable resolution," said an SAP spokesman.