SAP has agreed to pay supply chain management (SCM) software vendor i2 Technologies Inc. $83.3 million to settle a patent infringement lawsuit, according to documents from the SEC.
Under the agreement, SAP will pay i2 Technologies a one-time $83 million cash payment, and each party will receive license to certain patents, which weren't named.
SAP's comment on the lawsuit included only language used in the SEC filing.
Many of i2 Technologies' customers run SAP ERP software and use i2's SCM software alongside it.
The company expects to receive the money from SAP in the third quarter of 2008.