Boston, MA 08/15/2014 (wallstreetpr) – Provider of Enterprise software and computer hardware products and services Oracle Corporation (NYSE:ORCL) disclosed that the U.S. District Court of Las Vegas had granted the company motion for partial summary judgment in a case related to Rimini Street, Inc. and its chief executive officer Seth Ravin.
Summary Judgment
The company had sought summary judgment on the counterclaims made by Rimini Street for unfair competition and defamation. Rimini had challenged the public utterances of Oracle that Rimini was engaged in very big stealing of the intellectual property of Oracle in their counterclaims.
The court had dismissed the counterclaims of Rimini and found confirmation to Oracle Corporation (NYSE:ORCL)’s charge of a big theft of intellectual property rights. The court said that there was no dispute, whatsoever, on the involvement of Rimini Street in stealing Oracle’s intellectual property rights. The Las Vegas District Court had also found that Rimini Street had also infringed the copyrights of Oracle.
Oracle Corporation (NYSE:ORCL) disclosed that the court had found in February that there were enough materials to believe that Rimini Street had infringed PeopleSoft, Oracle’s subsidiary, copyrights that the enterprise software provider had established as to its Siebel and JD Edwards copyrights.
Infringement of Database
The latest court rule was that Rimini Street had also engaged in infringing Oracle’s Database copyrights. The fact that Rimini Street engaged in downloading 25 sets of Oracle’s Database software was clearly established and on top of it, Rimini had more than 200 copies in possession of the software without any license.
Now that the court had ruled that the concerned parties present a pre-trial order within a period of two-months.
Management Speaks
Oracle Corporation (NYSE:ORCL)’s attorney Geoff Howard said that the court ruling was a vindication of the company’s intellectual property rights. The court ruling clearly puts Rimini on the mat since it cannot deny its involvement in a big theft of Oracle’s intellectual property rights. The counsel said it would hold Rimini, as well as, Seth Ravin accountable during the trial and the damages caused by their actions.
