SAP: World Doesn't Revolve Around Sun

German software giant SAP AG(SAP Quote) has no intention of changing its game plan to counter Oracle's(ORCL Quote) shock acquisition of Sun Microsystems(JAVA Quote), according to Werner Brandt, the company's chief financial officer.

Speaking at the UBS Global Technology and Services conference in New York early Wednesday, the finance chief promised that SAP would not make any knee-jerk reactions in response to Oracle.

"We're focusing on our strategy -- we have said that we do not see the need to change our strategy moving forward," he said. "We have to see how this acquisition evolves over time -- it's too early to speculate how it will impact the competitive environment."

Oracle's recent $7.4 billion acquisition of Sun sent shockwaves through the software sector, even prompting speculation that SAP itself could become acquisition bait. By adding its database software to Sun's Java, Solaris, MySQL and server technology, Oracle could pose a serious threat to both SAP and IBM(IBM Quote), completely altering the tech landscape.

Brandt nonetheless acknowledged that his firm will be closely monitoring the progress of the Oracle/Sun combo during the coming months.

"Oracle now becomes a serious competitor to IBM, and we have to watch it carefully over the next quarters," he said.

SAP is also a major user of Sun's Java technology, and Brandt was questioned about the possibility of Oracle raising the cost of Java licenses.

"We have just extended our contract with Sun for four years some months ago," he replied. "From that perspective, I think we have a clear contractual situation -- I assume that Oracle will adhere to this contract."