San Francisco: Oracle Corp will head to a retrial against SAP AG over copyright infringement allegations after a US judge slashed a previous monetary award against SAP by over $1 billion.
In a court filing on Monday, Oracle said it would reject a reduced $272 million damages award. A spokesman for SAP could not immediately be reached for comment.
A Northern California jury had determined in 2010 that Oracle should be paid $1.3 billion over accusations SAP subsidiary TomorrowNow wrongfully downloaded millions of Oracle files.
However, US District Judge Phyllis Hamilton last year found that Oracle had proven actual damages of only $272 million. Hamilton said Oracle could accept a $272 million award or opt for a new trial against SAP.
In the filing on Monday, Oracle said it had "no choice" but to seek a new trial, so it could vindicate the jury's verdict.
Bureau Report
First Published: Tuesday, February 07, 2012, 08:46