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Oracle to pay $46M to settle kickbacks charges

Mon, 01/31/2011 - 12:05pm
The Associated Press

Oracle Corp. has agreed to pay $46 million to settle a lawsuit over alleged kickbacks to win government work.

The Department of Justice charged that Sun Microsystems Inc., which Oracle bought last year, and other technology companies paid kickbacks to Accenture PLC for Accenture to recommend that federal agencies buy Sun products.

The Justice Department said last year that the lawsuit covered software contracts that ran from 1998 to 2006 and were worth hundreds of millions of dollars.

Six other companies including Hewlett-Packard Co. have settled similar charges.

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