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  1. #1
    Join Date
    March 25th, 2005
    IBM Wins $850M Settlement From Microsoft

  2. #2
    Domain Addict / Formerly known as elbowcreek Thomas A. Rice's Avatar
    Join Date
    January 18th, 2005
    Holy moly, their goes Bill's 'mad money' for the week.
    Following everyone else is a GREAT way to become average.

  3. #3
    Join Date
    March 25th, 2005
    "Microsoft set aside $550 million for antitrust claims in April"

    Kind of puts things in perspective how huge they are... except the 550 was a bit short!

  4. #4
    ABW Ambassador
    Join Date
    January 18th, 2005
    Texas, USA

    Partial Quote:

    Microsoft, IBM settle OS/2 antitrust case
    BOSTON (AP) IBM (IBM) will receive $775 million in cash and $75 million in credit for software from Microsoft (MSFT) to settle claims that resulted from the federal government's antitrust case against Microsoft in the 1990s, the companies announced Friday.

    The payout is one of the largest that Microsoft has made since U.S. District Judge Thomas Penfield Jackson ruled in 2000 that Microsoft engaged in anti-competitive practices. Jackson's ruling cited IBM as a company that Microsoft had forced to "desist from certain technological innovations and business initiatives."

    For example, Microsoft didn't charge all computer makers the same amount for its Windows operating system, allegedly using higher prices as a cudgel against PC companies that didn't comply with Microsoft's wishes.

    IBM had irked Microsoft in the '90s by pushing its own OS/2 operating system as a Windows alternative and putting its SmartSuite productivity software on IBM PCs, cutting into the market for Microsoft Office programs. IBM also was an early supporter of Java, a programming language that doesn't need Windows to run.

    IBM hadn't sued Microsoft, but still pressed for retribution for the behavior cited by Jackson. Microsoft reached a similar deal with Gateway Computer for $150 million in April.

    - - - - -

    Neither IBM nor Microsoft have decided when the $775 million payment will be accounted for. Microsoft set aside $550 million in April to handle antitrust claims, so this deal might result in a charge from that quarter, Smith said.

    Even with Friday's deal, IBM reserved the right to press claims that its server business was harmed by Microsoft's behavior. However, such claims appear unlikely to surface soon, because IBM also agreed that it would not seek damages for actions that occurred before mid-2002. That means the findings in Jackson's ruling would no longer apply.
    What Microsoft is really thinking:

    "Hey, what the heck? It will only take us about a month to pay this lawsuit off, we screwed IBM and their OS/2 Warp personal computer operating system even though it is technologically superior to Windows, and we still have our Windows operating system monopoly. Isn't America wonderful?"

    Great OS/2 Warp Software !!

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