Wednesday, March 21, 2012

Oracle's final damage claim against Google well under $100 million

Oracle vs. Google
My, my, my, how the mighty have fallen. In this case, the mighty is the roughly $6 billion Oracle initially sought in its suit against Google. By September of last year that number had dropped to a comparatively paltry $2 billion, which was still too high for presiding Judge William Alsup. Now that has plummeted precipitously, with Oracle's new starting figure sitting at $32.3 million. Of course, the final total for the damages will likely be higher than that, but we'd be mighty shocked if the ultimate settlement was even close to $100 million. Google's own estimates put the valuation at between $37.5 million and $46.6 million -- a far cry from the $100 million starting point Alsup had suggested in July of last year. Now all that's left is for this sucker to actually go to trial. Hit up the source to read the full filing.

Oracle's final damage claim against Google well under $100 million originally appeared on Engadget on Tue, 20 Mar 2012 16:38:00 EDT. Please see our terms for use of feeds.

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