Oracle Issues Statement on Oracle v. SAP Verdict
Tuesday, November 23, 2021 7:31 PM

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REDWOOD SHORES, CA -- (Marketwire) -- 11/23/10 -- Oracle (NASDAQ: ORCL) issued the following statement, attributable to Oracle President Safra Catz:

"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. Right before the trial began, SAP admitted its guilt and liability; then the trial made it clear that SAP's most senior executives were aware of the illegal activity from the very beginning. As a result, a United States Federal Court has ordered SAP to pay Oracle $1.3 billion. This is the largest amount ever awarded for software piracy."

About Oracle
Oracle (NASDAQ: ORCL) is the world's most complete, open and integrated business software and hardware systems company. For more information about Oracle, please visit http://www.oracle.com.

Trademarks
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Contact
Deborah Hellinger
Oracle Corporate Communications
1.212.508.7935
Email Contact

(Source: Market Wire )
(Source: Quotemedia)
 

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