Wednesday, March 28, 2012

Oracle rejects Google's offer to settle patent suit with Android revenue share

Oracle rejects Google's offer to settle patent suit with Android revenue share

. Google on Tuesday offered to pay Oracle a percentage of its Android revenue if Oracle wins a patent infringement suit set to be tried soon. Google offered to pay the company roughly $2.8 million in damages on the two patents remaining in the case, giving Oracle 0.5% of Android revenue on one patent until it expires this December, and 0.015% on a second patent until it expires in April 2018. Reuters reports that Oracle rejected the offer, however, claiming it was too low. Earlier this month, a U.S. judge in San Francisco scheduled the trial between the two companies for April 16th.

Boy Genius Report, Oracle rejects Google's offer to settle patent suit with Android revenue share

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