SAN FRANCISCO — Oracle raised eyebrows earlier this year when it walked away from a $272 million remittitur in its copyright battle with SAP. Oracle had “no choice but to elect a new trial,” its lawyers told U.S. District Judge Phyllis Hamilton in February, after Hamilton had slashed a jury’s $1.3 billion award.

But on Thursday, Oracle Corp. made a different choice in the closely watched case. It stipulated with SAP to a $306 million judgment — plus whatever else it can win on appeal — in lieu of the retrial that was set for later this month.