A federal jury on Tuesday ordered SAP AG to pay $1.3 billion to its archenemy, Oracle, for stealing customer support documents and software in a scheme to siphon off customers.
November 24, 2010 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
A federal jury on Tuesday ordered SAP AG to pay $1.3 billion to its archenemy, Oracle Corp., for stealing customer-support documents and software in a scheme to siphon off customers.
The verdict came after less than a day of deliberations and is devastating for SAP. SAP’s entire after-tax profit last year was just over $2 billion.
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