Friday, July 01, 2005 - Microsoft to Pay $775 Million To Settle IBM Antitrust Claim - Microsoft to Pay $775 Million To Settle IBM Antitrust Claim: "Microsoft Corp. agreed to pay $775 million and provide software to International Business Machines Corp. to settle a long-running antitrust dispute between the giants.
The companies said the settlement resolves claims arising from the federal government's antitrust case against Microsoft in the mid-1990s, where IBM, of Armonk, N.Y., was identified as having been impacted by certain Microsoft practices.
Under the terms of the deal, Microsoft, of Redmond, Wash., will pay IBM $775 million and extend $75 million in credit towards deployment of Microsoft software at Big Blue.
Microsoft and IBM said their settlement resolves all antitrust claims, including claims related to the IBM OS/2 operating system and SmartSuite products, with the exception of claims for harm to IBM's server hardware and server software businesses."
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