Oracle seeks to add to $1.3 bn fine against SAP

Oracle wants to make SAP's $1.3 billion penalty for stealing intellectual property even bigger.

SAN FRANCISCO: Oracle wants to make SAP's $1.3 billion penalty for stealing intellectual property even bigger.

On Friday, Oracle asked a judge to add $211.7 million in interest to the $1.3 billion fine that a federal jury levied against SAP last month. The judge still needs to formally impose the fine. There is a possibility she could reduce it. SAP can appeal.

Oracle, based in Redwood Shores, and SAP are two of the world's biggest business software makers. Their three-week trial exposed a remarkable example of corporate espionage.

Germany-based SAP admitted a subsidiary mined the contents of password-protected Oracle websites, downloading software and customer support documents to help steal Oracle customers.

SAP says Oracle shouldn't get any more money beyond the fine. Oracle declined comment.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › International › Oracle seeks to add to $1.3 bn fine against SAP
Text Size:AAA
Success
This article has been saved

*

+