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].