Oracle Damages in SAP Case could top $1 bln: Filing
Posted on Fri, 27 Jun 2008 20:00:00 CDT | by Luigi Lugmayr
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FRANKFURT (Reuters) - Damages sought by software maker Oracle Corp could top $1
billion in an intellectual property lawsuit it has brought against arch-rival
SAP AG , according to a court filing.
Oracle is suing TomorrowNow, a U.S. subsidiary of SAP, for corporate theft and
alleges it illegally downloaded masses of Oracle customer service materials and
passed those documents to
SAP.
"Because defendants have not provided Oracle with critical information relevant
to liability and resulting damages, Oracle does not yet know its damages with
precision," Oracle said in a filing this week to the U.S. District Court in San
Francisco, California.
"But, even so, it appears Oracle's damages are, at a minimum, well into the
several hundreds of millions of dollars and likely are at least a billion
dollars."
SAP replied in the joint discovery statement: "Oracle speculates wildly about
the amount of its damages 'claim' in this discovery report, even though more
than a year after this case was filed, Oracle still refuses to identify with any
precision the nature or amount of its alleged harm or even to provide the theory
on which its damage claim is based."
SAP has admitted employees of TomorrowNow, which specializes in customer support
for PeopleSoft and JD Edwards software, inappropriately downloaded some Oracle
materials.
SAP bought TomorrowNow in 2005 after Oracle bought PeopleSoft, which in turn had
acquired JD Edwards -- hoping to exploit uncertainty among PeopleSoft and JD
Edwards customers as to how Oracle would support them.
Germany-based SAP is the world's leading maker of software applications to help
large businesses automate and manage functions ranging from human resources to
supply chains.
Oracle, the world's biggest database company, has spent billions on acquisitions
over the last few years to challenge SAP's leadership in that area.
(Reporting by Georgina Prodhan; Editing by David Holmes)
© Copyright 2008 Reuters.
Posted on Fri, 27 Jun 2008 20:00:00 CDT | by Luigi Lugmayr
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