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SAP Ordered To Pay Oracle £1.3 Billion In Damages

SAP has been ordered to pay a sum of $1.3 billion in damages to rival Oracle for stealing its intellectual property.

According to The L.A Times, a federal jury awarded the damages to Oracle within one day of both the companies presented their closing arguments.

In the highly publicised copyright infringement lawsuit, Oracle had accused that SAP and its now defunct subsidiary TomorrowNow knowingly stole Oracle software and documents in order to provide maintenance services to their customers.

SAP had admitted to the IP theft and had said that it was willing to pay damages to the tune of tens of millions of dollars instead of the billions asked by Oracle.

Oracle President Safra Catz said in a statement: “For more than three years, SAP stole thousands of copies of Oracle software and then resold that software and related services to Oracle's own customers. (The trial) made it clear that SAP's most senior executives were aware of the illegal activity from the very beginning.”