SAP to Pay Oracle $306M in TomorrowNow Case
SAP has agreed to pay Oracle US$306 million in connection with the corporate-theft case that Oracle filed against it and a former SAP subsidiary in 2007, according to a filing made Thursday in the U.S. District Court for the Northern District of California.
The long-running legal dispute centers on illegal downloads of Oracle software and support materials by SAP subsidiary TomorrowNow, which offered lower-cost support services for Oracle software. SAP admitted liability for actions taken by TomorrowNow workers, and a jury awarded Oracle US$1.3 billion in damages in November 2010.
But a judge later set aside that award, calling it excessive, and gave Oracle the choice of accepting $272 million or seeking a new trial to determine damages.
Oracle chose a new trial, which had been scheduled to begin Aug. 27.