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SAP to pay $20 million to settle Oracle software theft case

Written by James Delahunty (Google+) @ 13 Sep 2011 1:49

SAP to pay $20 million to settle Oracle software theft case Payout will settle criminal case in software theft case.
SAP AG has agreed to pay $20 million to resolve a criminal probe, a source familiar with the matter as told Reuters. An investigation was launched into allegations that SAP AG illegally downloaded millions of files from rival Oracle.

SAP's defunct TommorrowNow Inc. was charged with 12 criminal counts by the U.S. Department of Justice last week, for illegally retrieving the Oracle data.

SAP had agreed to settle the case, but the public court documents did not include how much it had agreed to cough up.

Tags: Oracle
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