SAP don’t see an out-of-court settlement with Oracle

Werner Brandt, the chief financial officer of business software maker SAP, told German Sunday weekly Euro am Sonntag that he does not believe an out-of-court settlement with Oracle is likely at the moment. Oracle filed suit against SAP in 2007, alleging SAP of accessing and stealing software products and other confidential materials that Oracle developed specifically for its customers. Brandt noted that while the possibility has never been ruled out, there are no talks at the moment that are "over and above the regular court proceedings." Despite the legal proceedings, SAP is positive in its outlook, with an adjusted operating margin of 35 percent in the mid-term expected.

For more on what SAP's CFO has to say:
- check out InformationWeek article