TomorrowNow

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TomorrowNow
Industry Software
Fate closed by owner SAP
Founded 1998
Defunct 2007
Headquarters Bryan, Texas
Key people Andrew Nelson, Seth Ravin

TomorrowNow was founded in December 1998 by Andrew Nelson and Seth Ravin,[1] to provide upgrade and technical service to PeopleSoft licensees with large, complex environments. In March 2002, the company changed its business to focus on providing third-party maintenance and support service to companies licensing enterprise software.

In January 2005, TomorrowNow was purchased by SAP AG, a competitor of PeopleSoft and of Oracle Corporation, which purchased PeopleSoft in 2005. In 2008 SAP closed the company because of a lawsuit by Oracle.[2] Andrew Nelson and most senior managers had already resigned in 2007.[3]

On November 23, 2010, TomorrowNow was found liable for copyright infringement and SAP AG was ordered to pay $1.3 billion to Oracle Corp. That sum was later slashed to $272m on appeal.[4] A further fine of $20 million was revealed on the 14th September 2011.[5]

References[edit]

  1. ^ Marc Parry (February 28, 2010). "A Small Company, Promising Major Savings on Vital Software, Lures Colleges". Chronicle of Higher Education. 
  2. ^ [1]
  3. ^ Stacy Cowley (November 19, 2007). "Top Managers Quit At SAP's TomorrowNow, Sale Possible". ChannelWeb. 
  4. ^ Clark, Nick (14 September 2011). "SAP pays Oracle $20m for illegal downloading of software". The Independent. Retrieved 19 September 2011. 
  5. ^ Clark, Nick (14 September 2011). "SAP pays Oracle $20m for illegal downloading of software". The Independent. Retrieved 19 September 2011. 

External links[edit]