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Tuesday, 2 November 2010 - Oracle-SAP testimony nears; HP CEO in spotlight |
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    Edition: U.S. Article Comments (0) Email Print Reprints Read Obama seeks to blunt Republican attack over comment 01 Nov 2010 Governments tighten air security after Yemen plot | 01 Nov 2010 Republicans set to win House, gain in Senate: Reuters/Ipsos poll | 01 Nov 2010 Aussie races up after RBA hike and U.S. dollar retreats 2:23am EDT Jailed tycoon warns of crisis in Russia 01 Nov 2010 Discussed 264 Wall St reform architect Frank fights for survival 122 Obama warns of policy rollback if Republicans win 97 Republicans poised to win House and gain in Senate Watched Bejeweled bra exposed in NY Thu, Oct 21 2010 Russian spy poses for Maxim Tue, Oct 19 2010 Mexico's 20-yr old police chief Thu, Oct 21 2010 Report Title Price ValuEngine Detailed Valuation Report for SAP Provider: ValuEngine, Inc. $25.0 Buy ValuEngine Industry Report for FOOD PROCESSORS Provider: ValuEngine, Inc. $49.0 Buy Market Edge Equity Research Report Provider: Market Edge $10.0 Buy NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here. Oracle-SAP testimony nears; HP CEO in spotlight Tweet This Share on LinkedIn Share on Facebook By Jim Finkle OAKLAND, California (Reuters) - A Silicon Valley legal drama that has enmeshed three of the world's most powerful technology companies kicks into high gear on Tuesday as Oracle Corp lays out its case for seeking some $2 billion in... Related News UPDATE 1-Oracle-SAP testimony nears; HP CEO might appear Mon, Nov 1 2010 Oracle finally gets SAP to trial, and maybe HP CEO Mon, Nov 1 2010 Judge denies Oracle attempt to delay SAP trial Fri, Oct 29 2010 UPDATE 1-Judge denies Oracle attempt to delay SAP trial Fri, Oct 29 2010 Analysis: Apotheker's job: Restore stability, credibility Fri, Oct 29 2010 Related Topics Technology » Stocks     By Jim Finkle OAKLAND, California | Mon Nov 1, 2010 10:06pm EDT OAKLAND, California (Reuters) - A Silicon Valley legal drama that has enmeshed three of the world's most powerful technology companies kicks into high gear on Tuesday as Oracle Corp lays out its case for seeking some $2 billion in damages from rival SAP AG. Attorneys from Oracle and SAP spent nearly seven hours on Monday selecting jurors and hammering out procedural rules for the five week trial. They are due to present opening arguments on Tuesday. Larry Ellison, Oracle's co-founder and CEO, has waited 2-1/2 years to bring SAP to court on accusations that SAP's TomorrowNow subsidiary stole its software and resold the technology at bargain-basement prices -- which SAP has admitted. At issue is not whether SAP or now-defunct TomorrowNow is at fault. SAP has admitted to wrongdoing, accepted liability and shut down TomorrowNow. The two sides are fighting over the damages SAP will have to pay, anywhere from tens of millions to billions of dollars. Also at stake is the credibility of former SAP CEO and now top Hewlett-Packard executive Leo Apotheker. SAP says Apotheker did not know of any wrongdoing initially and moved to shut TomorrowNow after he found out. Ellison, however, has stated he has evidence Apotheker was complicit in the SAP's improper downloading of the software. Oracle has attacked HP for naming Apotheker CEO in September. Ellison charges the German executive -- who spent just seven months as sole SAP CEO before leaving amid public criticism -- played a key role in the case. Europe's biggest software maker and HP have moved quickly to defend Apotheker. While the high-tech industry is one where personal rivalries and friendships play a significant role in shaping corporate warfare, it is rare for alliances to shift so quickly and dramatically. HP, the world's biggest technology company by revenue, and Oracle, the biggest independent maker of business software, were close partners until three months ago. They became foes following a series of executive shuffles that began in August. HP's CEO, Mark Hurd, a close friend of Ellison left HP after accusations of falsifying expense reports to hide a relationship with a female contractor. Oracle then hired Hurd as its president. And HP hired Apotheker as its chief executive, which prompted a verbal firestorm from Ellison. "It has gotten very, very personal. And it's not going to stop," Howard Anderson, a lecturer at MIT's Sloan School of Management said last week. AND WE'RE UNDERWAY The court proceedings got under way in U.S. District Court in Oakland, California on Monday. Oracle's President Safra Catz, who rarely appears in public, sat quietly in the gallery as the two sides selected eight jurors out of a pool of 27. 1 2 Next Technology     Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters.   © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback   Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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