The biggest ever for copyright infringement and the largest US jury award of 2010
Penalty of $1.3 billion for copyright infringement seems profitable for the taker and a horrible dream for the giver.
Infringing the owners copyrights exclusive rights and paying of penalty is not a new scenario but when heard of the amount of the fine to be paid seems terrific. TommorowNow a SAP subsidiary is said to have stolen Oracle’s software as well as the customers. SAP’s unit at US is said to download several thousand copies of Oracle’s software thus avoiding the payment of License fees.
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SAP got a “toxic Christmas present from Oracle,” Thomas Becker, a Commerzbank AG analyst, said today. [/b]
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The penalty sum is really a big number and to save penny SAP has to pay great sum.
According to Bloomberg data; “The verdict, which came after one day of deliberations, is the biggest ever for copyright infringement and the largest US jury award of 2010”[/b]
The award is about equal to SAP’s forecasted net income for the fourth quarter, excluding some costs, according to the average estimate of analysts surveyed by Bloomberg.
THE VERDICT IS said to be the Biggest ever for copyright infringement and the largest US jury award of 2010[/b]