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Teradata files suit against SAP alleging that it stole trade secrets

Cloud company Teradata Corp. said Wednesday it has filed a lawsuit against Germany's SAP SE for stealing trade secrets, copyright infringement and antitrust violations. "Teradata is alleging that SAP has engaged in a decade-long campaign of anti-competitive behavior, to the detriment of the parties' customers and Teradata alike," the company said in a statement. SAP "lured" Teradata into a joint venture in order to gain access to its intellectual property, while planning to steal trade secretes and use them to develop a "competing though inferior product," said the statement.