SAP co-CEO testifies in defense of Oracle claims

* Bill McDermott takes stand in U.S. federal court

* SAP trying to avoid paying billions to Oracle

OAKLAND, Calif, Nov 15 (BestGrowthStock) – SAP AG (SAPG.DE: )
co-Chief Executive Officer Bill McDermott took the stand on
Monday as SAP kicked off its defense in a high stakes software
theft case brought by arch rival Oracle Corp (ORCL.O: ).

SAP and Oracle, which dominate the global market for
software that helps businesses run more efficiently, are
battling in court to determine the amount of damages for
copyright infringement by SAP.

SAP has accepted liability for its TomorrowNow subsidiary
having wrongfully downloaded thousands of Oracle files, but
argues it owes tens of millions of dollars in compensation —
not the billions of dollars that Oracle seeks.

McDermott — who was appointed SAP’s co-CEO earlier this
year and was first named to the company’s executive board in
2008 — said he was not involved in the decision to buy
TomorrowNow in 2005.

McDermott was previously CEO of SAP Americas and head of
the company’s global sales operations.

The case in U.S. District Court, Northern District of
California is Oracle USA, Inc., et al. v. SAP AG, et al,
(Reporting by Dan Levine; Writing by Jim Finkle; Editing by
Richard Chang)

SAP co-CEO testifies in defense of Oracle claims