Rimini Street keeps growing despite specter of Oracle lawsuit
Rimini Street is continuing to rapidly grow revenue for its third-party software support business despite its ongoing litigation with Oracle.
Rimini Street is continuing to rapidly grow revenue for its third-party software support business despite its ongoing litigation with Oracle.
Oracle and managed services provider ServiceKey have come to a proposed settlement of an intellectual-property lawsuit Oracle filed against the company last year.
Epicor is suing IT service provider Alternative Technology Solutions, claiming the company illegally used its ERP (enterprise resource planning) software in order to develop and sell add-ons and services, in a case that has parallels to tussles over third-party software maintenance.
Former Oracle partner CedarCrestone is alleging the vendor has engaged in an "unlawful and systematic attack" against the third-party support market and has a monopoly on support revenue.
The ongoing lawsuit between Oracle and third-party support provider Rimini Street has heated up further, with new allegations that Oracle is "abusing" the pre-trial discovery process and using "scare tactics" against customers in order to hurt Rimini Street's business.
A federal jury has ordered SAP to pay Versata Software damages of $US345 million in connection with a patent infringement lawsuit.
SAP wants a judge to reduce the $US1.3 billion award a jury granted Oracle last year in its intellectual property-theft lawsuit to no more than $408.7 million, and also asked for a new trial, according to filings made late Wednesday in U.S. District Court for the Northern District of California.
SAP on Thursday reported preliminary results for the fourth quarter and year ending Dec. 31 that showed a strong uptick in software revenue, spurred in part by its acquisition of Sybase last year.
Oracle's lawsuit against Rimini Street is not slowing the smaller company's momentum, as it logged its best-ever performance in the fourth quarter, according to an announcement Tuesday.
Last month's federal jury verdict awarding Oracle Corp. $1.3 billion in its corporate theft lawsuit against SAP AG could prove harmful to both enterprise users and third-party support providers, analysts and IT executives say.
Prolonging the battle between SAP and Oracle, following last week's £820 million damages award, could hurt enterprise software users and change the support landscape.
An analyst today expressed surprise at yesterday's federal verdict requiring that SAP pay Oracle $1.4 billion in damages for the theft of intellectrual property.
Oracle CEO Larry Ellison faced tough questioning on the witness stand Monday morning about the effects of TomorrowNow's intellectual-property theft on his company.
The scope of potential damages in Oracle's intellectual-property lawsuit against SAP has been lessened following a judge's order filed Tuesday.
SAP AG's admission of some liability in a lawsuit brought against it by Oracle Corp. over third-party support services will likely speed resolution of the dispute between the two companies.