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Sun settles with Microsoft

edited April 2004 in Science & Tech
Sun Microsystems and Microsoft resolved their legal issues in a $1.6 billion settlement announced Friday that calls for the two companies to work together over the next 10 years.

[blockquote]Sun, obviously not satisfied with the results of the settlement in its first lawsuit against Microsoft, filed suit again in 2002, this time leading to a settlement that will include Microsoft continuing to support its Java Virtual Machine and payments of $700 million to Sun by Microsoft to resolve pending antitrust issues and $900 million to resolve patent issues. Meanwhile, Sun and Microsoft have agreed to pay royalties for use of each other's technology, with Microsoft making an upfront payment of $350 million and Sun making payments when this technology is incorporated into its server products
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[link=http://www.eweek.com/article2/0,1759,1560645,00.asp?kc=EWNWS040204DTX1K0000599]The full report[/link] - Submitted by Ageek

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