SAP hit by shocking RM4bil verdict in Oracle trial


  • Technology Premium
  • Wednesday, 24 Nov 2010

SAN FRANCISCO: A federal jury ordered SAP AG to pay US$1.3bil (RM4.2bil) to its archenemy Oracle Corp for stealing customer-support documents and software in a scheme to siphon off customers.

The verdict amounts to more than half of SAP’s total profit last year and stunned the German software maker. It had only set aside US$160mil (RM512mil) for anticipated damages, and already paid US$120mil (RM384mil) of that to Oracle’s lawyers.

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