Oracle has been awarded US$50 million damages in a lawsuit against Rimini Street, which provides software maintenance for Oracle customers. The award was less than the $245.9 million Oracle had been seeking, but more than the $10 million maximum that Rimini had said it should have to pay. Of the total damages, Rimini CEO Seth Ravin must fork over $14 million. Customers who buy Oracle software typically pay an additional 20 percent on top of the license price for updates and support.
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Oracle awarded $50 million in trial against Rimini Street