Oracle seeks over US$211m in interest from SAP

 

On top of US$1.3 billion payout.

Oracle is seeking more than US$211 million in interest from SAP on top of the US$1.3 billion jury verdict it won last month in a high stakes copyright infringement trial, a court document filed by Oracle on Friday showed.

The parties have already agreed that SAP will pay Oracle US$120 million in attorneys fees, the filing said.

Oracle wants an additional US$211,662,935 payment for prejudgment interest due to the company.

The two sides could not agree whether the final judgment in the case should provide for prejudgment interest, and if so, in what amount, the filing said.

A spokesman for SAP did not immediately respond to a request for comment.

(Reporting by Dan Levine).


Oracle seeks over US$211m in interest from SAP
 
 
 
Top Stories
Meet FABACUS, Westpac's first computer
GE225 operators celebrate gold anniversary.
 
NSW Govt gets ready to throw out the floppy disks
[Opinion] Dominic Perrottet says its time for government to catch up.
 
iiNet facing new copyright battle with Hollywood
Fighting to protect customer details.
 
 
Sign up to receive iTnews email bulletins
   FOLLOW US...
Latest Comments
Polls
In which area is your IT shop hiring the most staff?




   |   View results
IT security and risk
  26%
 
Sourcing and strategy
  12%
 
IT infrastructure (servers, storage, networking)
  21%
 
End user computing (desktops, mobiles, apps)
  15%
 
Software development
  26%
TOTAL VOTES: 341

Vote
Would your InfoSec team be prepared to share threat data with the Australian Government?

   |   View results
Yes
  58%
 
No
  42%
TOTAL VOTES: 143

Vote