SAP To Pay Oracle Billions - SAP AG, the world’s largest maker of business application software, must pay $1.3 billion to Oracle Corp. for copyright infringement by a now-defunct software maintenance unit, a federal jury in California decided. Today’s verdict is the largest jury award of 2010, according to Bloomberg data. It is the largest ever for copyright infringement and the 23rd-largest of all time for any jury award, according to Bloomberg data. The jury awarded the damages after an 11-day trial in Oakland, California. Oracle, the second-biggest maker of business software, sued Walldorf, Germany-based SAP in 2007 claiming its U.S.-based unit made hundreds of thousands of illegal downloads and several thousand copies of Oracle’s software to avoid paying licensing fees and steal customers. “We are, of course, disappointed by this verdict and will pursue all available options, including post-trial motions and appeal if necessary,” Bill Wohl, an SAP spokesman, said outside the...
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