Oracle requests $1.7bn in damages from SAP

24 November 2010

Oracle’s legal team has called on a jury to award it $1.7 billion in damages from SAP, news reports have revealed.

The financial technology provider is in ligitation with SAP over the amount of money to be paid in damages after the latter admitted downloading files belonging to Oracle as part of a plan to steal business.

David Boies, an attorney working on behalf of the financial technology provider, who was quoted by Bloomberg, said that SAP should be fined on the amount of files it planned to acquire rather than the actual figure it gained.

“The board and top executives expected the infringement would be worth billions of dollars. When they take it, they own it, and they have to pay for it, regardless of whether they did well or didn’t do well.”

The firm admitted liability but lawyers working on its behalf claimed that the figure to be paid in damages should be $40 million rather than the requested $1.7 billion.

SAP AG undertook the bid to take the files from Oracle during 2005.

By Jim Ottewill

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development