SAP agrees to pay $306 million to Oracle
In an effort to avoid another court case, both SAP and Oracle have agreed to settle their copyright infringement case by having SAP give $306 million to Oracle. Back in 2010, a Northern California jury had ordered SAP to pay $1.3 billion after SAP’s TomorrowNow downloaded millions of Oracle files. That ruling was then thrown out by U.S. District Judge Phyllis Hamilton last year and a new payout of just $272 million was ordered.
Oracle was then given the decision to take that money, go for another trial, or negotiate a deal. In an effort ”to save the time and expense of this new trial, and to expedite the resolution of the appeal,” according to lawyers in the new filing, Oracle and SAP are agreeing to a new settlement of $306 million. In order for this settlement to work, a judge has to agree to the filing which is most likely going to happen.
SAP has already payed $120 million to cover the legal bills that Oracle has incurred during this case. A spokesman from SAP says “SAP believes this case has gone on long enough,” which makes sense as the case has been going on for over two years and has faced multiple trials already. Along with that, the spokesman also stated ”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,”
