SAP Plans Oracle Fight
After being served with an ugly lawsuit by Oracle(ORCL Quote) alleging "corporate theft on a grand scale," SAP(SAP Quote) announced its intention to fight the action, but gave no details of its defense.
"SAP will not comment other than to make it clear to our customers, prospects, investors, employees and partners that SAP will aggressively defend against the claims made by Oracle in the lawsuit," the German software giant said in a prepared statement issued late Friday. "SAP will remain focused on delivering products and services -- including those from TomorrowNow -- that ensure success for our customers."
According to Oracle, employees of SAP's Texas-based TomorrowNow unit posed as legitimate Oracle customers to gain access to the company's customer-support Web site, and then allegedly stole privileged information. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,344.84 | 1,095.63 | 2,144.60 | 32.01 |
Oil *
78.55
|
|
UP
34.92
|
UP
4.14
|
UP
6.16
|
DOWN
0.30
|
10 Yr
3.20%
SPDR Gold
115.65
|
|
+0.34%
|
+0.38%
|
+0.29%
|
-0.93%
|
Data delayed 20 minutes |
Connect with TheStreet