Oracle, CedarCrestone settle lawsuit over third-party support

July 30, 2013

Oracle has settled a lawsuit it brought last year against a former partner it alleged was providing third-party support for its PeopleSoft application in an illegal fashion."Oracle America, Oracle International Corporation, and CedarCrestone, Inc. announce that they have amicably resolved the litigation between them," Oracle said in a brief statement on its website. "The terms of the settlement are confidential."CedarCrestone had offered implementation services for various Oracle software products, as well as tax and regulatory updates for PeopleSoft. The latter appeals to customers that decide to go off vendor support and contract with a third party to save money, when they want to keep their systems up to date but have no need for the ongoing product updates provided under a vendor maintenance plan.It wasn't clear whether CedarCrestone will continue offering tax and regulatory support for PeopleSoft; information suggesting as much wasn't readily apparent on its website Tuesday, and the company didn't immediately respond to a request for comment.To read this article in full or to leave a comment, please click here

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