Oracle has managed to squeeze a few more bucks out of SAP for its admitted copyright infringement a few years ago. Oracle won a handsome US$1.3 billion from a jury in 2010, but the judge thought that was over the top and cut it down to US$272 million. Instead Oracle opted for a new trial, which was scheduled to start August 27.
However, last Thursday - "to save the time and expense of this new trial" - the pair came to a settlement agreement that guarantees Oracle US$306 million in damages plus attorneys' fees or at least US$426 million while it goes off and appeals to try to get the whole US$1.3 billion. The deal would have to be approved by the federal judge who cut the award.
Source: SYS CON