Oracle Court Battles not Deterring Investors before Q4 Earnings Call

Oracle has been tangled up with several court battles through this this year and late 2010. That includes SAP, Hewlett-Packard and Google, and the search giant has billions of ad revenue now at stake.

Oracle sued Google last year in claims that Dalvic, the processing virtual machine used for Android, infringes on several Java patents. In the latest twist to the case, the company filed new court papers that reveal the scale of its lawsuit: billions of dollars in damages.

“Oracle’s damages claims in this case are in the billions of dollars,” the company said in a filing, arguing that its demands “are based on both accepted methodology and a wealth of concrete evidence.”

Oracle is also trying to prevent Google from filing under seal documents. In response Google said the company’s claims are exaggerated and that its expert testimony should be excluded, further boosting an effort also supported by an earlier document.

Hewlett-Packard is also firing back on Oracle for shutting down software development for the former’s Itanium chip, though all this action doesn’t seem to be bothering investors too much. Oracle is prepping for its earnings call, and it’s expected to show some positive numbers. Forbes cited that the company’s monetization of the Sun deal has been turning a loss in revenues into profit, and that Exadata and Exalogic saw revenue growth of 50 percent in the previous quarter.

Along with lawsuits and earnings calls, Oracle – just like its competitors – also focuses on several community improvement initiatives. Its latest one is the welcoming of 55 Chicago teachers to the Oracle Academy Instructors’ Institute.

Approaching this theme from a different angle, Oracle’s VC arm is just one of a few major tech companies participated in iControl’s $50 million Series D funding round. iControl’s offerings let users remotely manage  lights, connected thermostats, smart appliances, and so on. This concept, which recently landed the company a hefty contract with Comcast, caught the eye of Cisco, the Kleiner Perkins Caufield & Byers iFund, Intel Capital and others.