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Wednesday, May 15, 2024

Oracle Seeking Up to $6.1 Billion in Google Patent Lawsuit

Courtesy of Benzinga

In its patent infringement lawsuit against Google (NASDAQ: GOOG), software maker Oracle (NASDAQ: ORCL) is seeking between $1.4 billion and $6.1 billion in damages, a court filing revealed.

Oracle filed suit against Google last year, claiming that its Android mobile operating technology infringes on Oracle’s Java patents. Financial damages were not released publicly until recently.

U.S. District Judge William Alsup ordered Google to make the damages public, favoring Oracle’s (NASDAQ: ORCL) argument that Google was intentionally trying to avoid the release of potential damages.

The popularity of the smartphone market has led to increasing litigation in recent years. Apple (NASDAQ: AAPL) just settled a lawsuit with Nokia (NYSE: NOK) over a smartphone patent.

Google disagrees with the damages that Oracle is seeking, calling it “a breathtaking figure that is out of proportion to any meaningful measure of the intellectual property at issue.”

Oracle owns the Java programing language by way of its acquisition of Sun Microsystems in January 2010.

Oracle develops and sells and services database and middleware software, applications software and hardware systems, consisting primarily of computer server and storage products.

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