Federal prosecutors have imposed a fine on a German software company for violating suctions against Iran.
Software giant SAP SE agreed to pay over $8 million as part of the resolution with the Department of Justice, Commerce Department and Treasury Department, authorities said Thursday.
The company admitted to “thousands” of violations of the Export Administration Regulations and Iranian Transactions and Sanctions Regulations.
Between 2010 and 2017, SAP and its overseas partners released U.S.-origin software, including upgrades and software patches, over 20,000 times to users in Iran.
The majority of the Iranian downloads went to 14 companies that SAP’s international