2015-01-19
Alibaba Health Reaches Settlement With Oracle
Alibaba Health Information Technology Limited, formerly known as CITIC 21CN Company Limited, has settled a legal dispute with Oracle. Alibaba Health will pay about CNY37.2 million to Oracle for a licensing agreement for database management software signed in 2006. Meanwhile, the company will be refunded a deposit of USD11 million plus USD1.2 million in interest […]