SAP and Oracle reach d

In the case where it seemed like tomorrow would never come, SAP AG (NYSE: SAP) and Oracle Corp. (NASDAQ: ORCL) may finally be ready to turn the calendar over on their long-running TomorrowNow legal dispute.

As reported by Chris Kanaracus at ComputerWorld, SAP has agreed to pay Oracle US$306 million in the case that revolves around SAP’s purchase of a provider or Oracle maintenance services and alleged illegal downloads of Oracle software through that subsidiary.

(Click here to read “SAP agrees to pay Oracle $306 million in TomorrowNow case”)

Of course, it’s not as simple as a straight settlement. Oracle still hopes an appeal will reinstate an earlier, US$1.3 billion jury award from November 2010 that a judge deemed excessive. Let’s hope it all gets settled one way or another soon, so both companies can get out of the court rooms and back to using the word cloud a lot.

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Jim Love, Chief Content Officer, IT World Canada

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Jeff Jedras
Jeff Jedras
A veteran technology and business journalist, Jeff Jedras began his career in technology journalism in the late 1990s, covering the booming (and later busting) Ottawa technology sector for Silicon Valley North and the Ottawa Business Journal, as well as everything from municipal politics to real estate. He later covered the technology scene in Vancouver before joining IT World Canada in Toronto in 2005, covering enterprise IT for ComputerWorld Canada. He would go on to cover the channel as an assistant editor with CDN. His writing has appeared in the Vancouver Sun, the Ottawa Citizen and a wide range of industry trade publications.

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