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SAP to Pay Oracle $306 Million for Copyright Breach

SAP AG will pay at least $306 million to Oracle Corp. in a copyright-infringement lawsuit over an SAP unit’s downloading and copying of Oracle software.

Oracle, the world’s largest maker of database software, won a $1.3 billion jury verdict in the case in 2010. A federal judge reduced the award to $272 million. Oracle opted instead for a new trial, which was scheduled for Aug. 27.