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IBM and Microsoft Settle Antitrust Case |
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Date: 2005-07-01 20:49:19 Correspondent: Eugene Gorbunoff Source: VOICENWS, Timothy Sipples
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Microsoft has agreed to pay IBM US$ 775 million in damages, according to this news story.
The damages are a result of alleged harm primarily to IBM's OS/2 and SmartSuite businesses (and consumers).
In addition, Microsoft will extend $75 million in credit for Microsoft software to IBM. (IBM must consume some Microsoft software for its own business needs.) Thus the total settlement value is $850 million.
At this writing IBM stock is trading up about 1.25% on the news.
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eComStation.. is it secure or not? Read more..
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ESWay: It's very important to develop syncronization possibilities of eComStation with mobile devices. Some utilities
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Last active poll: What is the height of RPM barrier?
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IBM OS/2 Warp
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