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Microsoft To Pay IBM In Antitrust Settlement

Posted by Zonk on from the quite-a-payout dept.

Pankaj Arora writes "A settlement has been reached in IBM's private antitrust case against Microsoft. According to the terms of the settlement, Microsoft will pay IBM $775 million cash in addition to $75 million in credit. From the article, 'The settlement resolves all discriminatory pricing and overcharging claims stemming from the U.S. government's mid-1990s antitrust case against Microsoft, the companies said in a statement. The settlement also resolves most other IBM antitrust claims, including those related to its OS/2 operating system and SmartSuite products. IBM's claims of harm to its server hardware and server software businesses are not covered by the settlement, however.'"

3 of 202 comments (clear)

  1. Re:Piffle by WhiteWolf666 · · Score: 2, Informative

    Just a note. After their various settlements, dividend, and other items, Microsoft retains about $20 billion in a cash reserve.

    This does not include this settlement with IBM.

    --
    WhiteWolf666 an exBush supporter. All you new-school,compassionate,save the children Republicans can rot in hell
  2. Re:Aside: how does one send $775M? by HexaByte · · Score: 2, Informative

    Just a simple wire transfer.

    Of course, both sides set it up in advance so the banks know what's comming and going, but it's no different than other wire transfers.

    --
    HexaByte - he's a square and a half!
  3. It's a CREDIT, not FREE NEW STUFF by browncs · · Score: 2, Informative

    IBM spends a large amount of internal IT dollars to outfit its employees with Windows and Office. As I read this story, the $75M is a credit for amounts already spent. Not $75M of new stuff.

    ps I am an IBMer.

    You should also know that IBM, internally, plans to convert at some point over to Linux and open-source based platforms for its employees. There are pilot programs already underway.