Oracle awarded $1.3 billion in damages in SAP lawsuit

There goes the bell…..

A jury has awarded Oracle US$1.3 billion in damages in its corporate theft lawsuit against SAP, a blow to the German applications vendor, which had argued it should pay no more than $40 million for the software stolen by its TomorrowNow subsidiary.

Oracle said it was “the largest amount ever awarded for software piracy.” Members of its legal team embraced as the verdict was read in the U.S. District Court in Oakland, California, according to a person in the courtroom. Closing arguments had been presented Monday afternoon, so the jury took less than a full day to reach its decision.

It was not the full amount Oracle had asked for, but still considerably more than SAP had said it should have to pay. Oracle CEO Larry Ellison testified two weeks ago that SAP should be made to pay as much as $4 billion to cover the cost of the stolen software.

Round 1 to Larry.

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