SAP to Pay Oracle Interest on Earlier $1.3B Verdict


German software maker SAP AG (NYSE:SAP) must pay Oracle (NASDAQ:ORCL) an unspecified amount of interest on a recent $1.3 billion copyright infringement verdict, according to media reports citing a judge’s ruling filed on Tuesday.

Oracle, based in Redwood Shores, Calif, had been seeking about $211 million in interest after winning a trial last month that ruled SAP stole software and customer-support documents from password-protected Oracle websites.

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U.S. District Judge Phyllis Hamilton said in the filing that the judgment should include an award of prejudgment interest, however she did not specify the interest amount.

The judge said interest would be calculated based on the weekly average one-year contestant maturity Treasury yield, compounded annually.

SAP admitted last month to the U.S. District Court for the Northern District of California that one of its former subsidiaries was secretly selling off manuals and technical specifications for Oracle’s software.

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