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Redwood Shores, Calif.—Oct 14, 2015
“Before the trial began, a federal judge determined that Rimini Street and Seth Ravin infringed Oracle's intellectual property rights in the PeopleSoft and Oracle database product lines. After two weeks of trial, a federal jury found that Rimini also infringed Oracle intellectual property rights in the JD Edwards and Siebel product lines. That same jury awarded Oracle more than $50 million in damages for that infringement and violations of laws protecting computer systems. Oracle further intends to seek an injunction barring Rimini from continuing to operate its business based on massive infringement. This case certainly was not about an honest dispute over licensing terms, as Rimini pretends. It was about IP theft, pure and simple. Rimini and Seth Ravin got caught, and now they have to pay. Oracle will aggressively pursue its claims in the second lawsuit pending against Rimini for the infringement and other misconduct that occurred after the dates at issue in the first trial,” said Deborah Hellinger, Oracle Vice President, Corporate Communication.
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