Teradata, SAP Reach $480 Million Settlement in Antitrust, IP Row

Software firm Teradata Corp. and German tech giant SAP SE have reached a $480 million settlement to resolve years of antitrust and trade secret claims that were poised for trial in the coming weeks.

The agreement, revealed Monday in a securities filing, ends a dispute dating to 2018 in which Teradata alleged that SAP conditioned sales of business management software to its database products in violation of Section 1 of the Sherman Act. It also alleged that SAP misappropriated Teradata’s trade secrets in violation of California law.

SAP produces and sells enterprise resource planning software. Teradata makes enterprise data and ...