Rimini Street hit with another Oracle infringement fine
- 13 October, 2016 11:47
Third-party Oracle support provider, Rimini Street, has been ordered to pay a further US$27.7 million in ‘prejudgment interest’ to Oracle for infringing the ERP giant’s copyright.
A judge at the US District Court in Nevada this week also issued a permanent injunction against Rimini Street that prevents and the company and its CEO Seth Ravin from downloading and distributing any of Oracle’s software. It also imposes limitations on Rimini Street’s access to Oracle’s websites.
The new fine is in addition to the US$50 million awarded to Oracle last October for innocent copyright infringement and violation of certain computer access laws. Oracle was also last month awarded US$46.2 million in attorneys’ fees and costs.
Rimini Street said it would take responsibility for past practices and pay a one-time fair market licence fee of US$35.6 million awarded to Oracle for 'innocently infringing copyrights'.
The company said it will appeal other aspects of the judgement, including the $88 million balance of the total $124 million awarded to Oracle, as well as the injunction.
“Rimini Street believes it has strong bases for its appeal, which is like to continue for several more years before a final outcome,” Rimini Street said.
Oracle’s general counsel, Dorian Daley said the permanent injunction imposes important restrictions on Rimini Street.
“Oracle is grateful that the court has taken steps to prevent continuing unlawful acts by Rimini Street and its executives. Although Rimini Street has stated that there was ‘no expected impact’ from any injunction, Rimini Street also told the court that it ‘could suffer significant harm to its current business practices if the proposed injunction were entered’, which it now has been.
“These contradictory positions raise the issue of whether Rimini is misleading the court or making mispresentations to customers.”
Rimini Street has provided third-party maintenance services to more than 1,600 organisations worldwide since 2005. The company has reported 43 consecutive quarters of revenue growth. Revenue for Q3, 2016 was $41 million, up 32 per cent year-on-year.
Rimini Street CEO, Seth Ravin, said the company will continue disrupting the “outdated, high-cost, poor services, vendor support model that no longer meets client needs.”