Friday, September 23, 2011

($ORCL, $GOOG) Oracle Corp on Thursday estimated it suffered roughly $1.16 billion of damages from Google Inc's alleged copyright and patent infringement of Java technology used in the Android operating system.
In a court filing, Oracle said Google's claim that the damages sought exceeded $2.2 billion "mischaracterizes" a report by Oracle damages expert Iain Cockburn, a Boston University business professor.
The lowered damages estimate is one-fifth the maximum $6.1 billion that Oracle had earlier sought in the case.

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