SAP may sell TomorrowNow

By Dawn Kawamoto, CNET News.com
Tuesday, November 20, 2007 10:52 AM

SAP announced Monday its third-party support and maintenance company TomorrowNow, which is embroiled in a legal battle with archrival Oracle, may be put up for sale. TomorrowNow's founder and several executives have resigned effective immediately.

SAP acquired TomorrowNow as a means to woo away maintenance and support customers from Oracle. TomorrowNow provides third-party support and maintenance for PeopleSoft and JD Edwards, two companies that Oracle acquired.

But earlier this year, Oracle filed a lawsuit against TomorrowNow and SAP, alleging the company went beyond its former customers' contracts and downloaded proprietary Oracle software and materials.

SAP and Oracle have been in the process of seeking documents and depositions from each other and are scheduled to give the court an update in February on that process.

In the announcement, SAP said it is exploring its options for TomorrowNow's business, including the possible sale of TomorrowNow. An SAP spokesman declined to comment on whether these options are currently being explored because TomorrowNow has seen a drop-off in customers since the controversy erupted, or whether it may be part of any potential settlement negotiations with Oracle.

Mark White, TomorrowNow executive chairman, will continue in his role in running the company.

This article was originally a blog post on CNET News.com.


WORTHWHILE?

0

0 votes
Blog

Talkback 0 comments

There are currently no comments for this post.


Tech Jobs Now!

Search for your ideal tech job:

Use shades of gray to enhance scale in Excel

Microsoft Office Suite

Excel's palette is generous, but don't throw buckets of pigment all over your spreadsheets just because you can.


Read more »



Ultimate 2012 recovery site: the moon

Blog thumbnail

Have you seen the disaster movie "2012"? A friend from Control Risks and I did, and we reluctantly concluded we wouldn't be able to write off the cost of our..... by Nathaniel Forbes

Read more »

Tags

  1. antivirus
  2. apple ipod
  3. cnet networks inc.
  4. desktop
  5. e - mail
  6. hard drive
  7. intuit inc.
  8. mcafee inc.
  9. microsoft corp.
  10. microsoft windows
  11. microsoft windows vista
  12. microsoft windows xp
  13. norton co.
  14. pc
  15. performance
  16. security
  17. software
  18. tool
  19. web
  20. web site