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Note: Oracle settles prolonged battle over a failed $20 million PeopleSoft deployment out of court.
Oracle announced late Friday that a legal battle that erupted in 2011 with New Jersey's Montclair State University (MSU) over a failed ERP system deployment has been settled out of court.
"Montclair State University and Oracle America, Inc. are pleased to announce that they have amicably resolved their dispute," read a statement sent by Oracle that included both the Oracle and university logos. "Both entities are now looking toward the future of their relationship."
Terms of the settlement were not disclosed. A spokesperson in the University Counsel office reached by telephone said MSU would offer no comment on the deal.
The dispute, which was anything but amicable, began with MSU's original April 2011 suit, filed in the U.S. District Court for the District of New Jersey, in which it accused Oracle or breach of contract, gross negligence, willful misconduct and fraud tied to what was supposed to be a $20 million deployment of PeopleSoft ERP software.
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