Teradata settles litigation with SAP, to receive $480M gross payment

TERADATA CORP /DE/

Settlement resolves all past and pending litigation between Teradata and SAP.
Gross payment of $480M from SAP due within 60 days of February 19, 2026.
Net cash benefit after fees and expenses estimated at $355-$362M before taxes.
Parties to request dismissal of all claims with prejudice upon receipt.
Use of net proceeds to be updated on Teradata's Q1 2026 earnings call.

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