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by Jeff Moad, MA Editorial Staff Posted on Wednesday, July 02, 2008 2:56:12 PM Sign Up to receive Daily News Alerts in your E-mail Inbox    | Abstract: | In court filings, Oracle puts a tentative dollar figure on damages it says it incurred at the hands of SAP’s TomorrowNow subsidiary. |
| Keywords: | Oracle SAP lawsuit, Oracle damages |
Oracle Corp. estimates that it has suffered damages of “at least a billion dollars” as a result of the actions of SAP’s TomorrowNow third-party support subsidiary, recent court filings indicate.
Meanwhile, SAP, the defendant in the federal corporate theft lawsuit, signaled in the same filing its intention to bring the practices of other third-party maintenance service providers into the suit as a way to limit damages it may be required to pay to Oracle.
Oracle’s estimate of $1 billion in damages represented the first time the company has formally quantified how much it expects SAP to pay as a result of its alleged misconduct. In a recent court filing, Oracle said, “It appears Oracle’s damages are, at a minimum, well into the several hundreds of millions of dollars and likely are at least a billion dollars.”
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