SAP has settled with Oracle for £197 million over a corporate-theft case that was made by Oracle in 2007, against SAP and former SAP subsidiary TomorrowNow.

The case centred on the illegal downloading of Oracle software by TomorrowNow, who offered support for Oracle software at a lower cost than the software giant.

SAP commented on the resolution: “Although we believe that $306 million is more than the appropriate damages amount, we agreed to this in an effort to bring this case to a reasonable resolution."