The ongoing investigation by the Justice Department probes whether SAP SE and Carahsoft Technology Corp. conspired to overcharge US government agencies, which could present significant legal challenges for them.
Carahsoft's spokesperson described a recent FBI raid as part of an investigation connected to a company they previously partnered with, but details on their relation to the SAP probe remain unclear.
In response to the civil investigation, SAP has maintained cooperation with the Justice Department, although they assert no involvement in any criminal allegations pertaining to their vendor.
The investigation has caused a notable drop in SAP's shares, down 2.4%, despite an overall rise of 44% this year, highlighting the volatility of government-related contracts.
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