U.S. prosecutors say that German software giant SAP will have to pay more than $8 million in penalties in acknowledging allegations that it illegally exported its products to Iran. The U.S. said the company would have faced stiffer penalties had it not voluntarily disclosed the activities that violated American sanctions against Iran. The company agreed to the penalties as part of an agreement with the U.S. departments of Justice, Commerce and Treasury. SAP said it welcomed the resolution in a statement. It has also made changes to its export control practices.
