SAP is paying archrival Oracle (ORCL) $306M in damages to make a long-running intellectual...

|About: SAP AG (SAP)|By:, SA News Editor
SAP is paying archrival Oracle (ORCL) $306M in damages to make a long-running intellectual property theft suit go away. A jury awarded Oracle $1.3B in damages in 2010, but a judge lowered that figure to $272M last year. SAP has already paid $120M in legal fees to Oracle, and a $20M fine to the DOJ.