SAP unlikely to settle out of court with Oracle

SAP unlikely to settle out of court with Oracle

SAP has said in a statement that they are unlikely to settle with database industry giant Oracle outside the court.

SAP chief financial officer Werner Brandt said in a statement: “That is a possibility that we never ruled out, but for the moment it is not an issue. There are no talks over and above the regular court proceedings.”

Oracle had filed a lawsuit against SAP last year accusing it of corporate theft and copyright infringement.

He added: “I see no reason why we cannot generate 100 basis points of additional margin annually in the coming years, and even slightly more if business is good.”