Meanwhile, while HP’s new CEO (and SAP’s former co-CEO) is in hiding…
“The acquisition of TomorrowNow was a brilliant idea and we were at grave risk, depending on what they did with it,” he said. The Oracle chief executive added that he had personally believed at the time that SAP stood “to get at least 20 per cent, as much as 30 per cent of our [PeopleSoft] customers”.
Oracle’s lawyers have argued that the scale of the threat to the US group should be used as a yardstick for the size of the damages award. Because it paid $11bn for PeopleSoft, the loss of customers could have cost it $3.3bn, with another $600m in damages caused by similar customer losses from another acquisition, that of Siebel Systems.
FT.com / Technology - Stakes raised in Oracle and SAP download battle
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