$775M: Microsoft, IBM Settle Antitrust Case

Microsoft settled another of its antitrust cases on Friday, announcing it had reached a settlement with IBM worth some $775 million. The suit was filed in the mid-1990s and said that Microsoft had hurt the sales of its OS/2 operating system as well as its hardware and software business by some of its business practices. As part of the deal, Microsoft will also credit IBM $75 million for the installation costs of its software on IBM's company machines. The agreement comes after two months of talks, and the group running up against a self-imposed July deadline to come to an agreement... LINK | Google News