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Microsoft settles Gateway antitrust claims for $150M







Microsoft settles Gateway antitrust
claims for $150M

Microsoft settles Gateway antitrust
claims for $150M
04/11/2005 08:28 PM

MENAFN Apr 12 2005 12:34AM GMT




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Microsoft settles Gateway antitrust claims for $150M

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Microsoft Corp. and Gateway Inc. have reached an agreement to settle all past legal issues arising from the U.S. antitrust case against the software maker, the companies said Monday.

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Microsoft Agrees to Pay Gateway $150M 04/11/2005 10:22 AM
Microsoft Corp., the world's biggest software maker, has agreed to pay Gateway Inc. $150 million over four years to settle a legal dispute and the companies will work together on the marketing and development of Gateway personal computing products. As part of the settlement announced Monday, Gateway will release all antitrust claims against Microsoft based on past conduct.

Gateway shares rose 20 cents, or nearly 5 percent, to $4.28 in premarket activity. Microsoft shares climbed 10 cents to $25.04 in premarket trading. Gateway expects to use the funds for marketing initiatives, including advertising, sales training and consulting, as well as for the research, development and testing of new Gateway products that can run current Microsoft products and Microsoft's next-generation operating system and productivity software.

News source: Associated Press via Forbes.com

Read full story...

Microsoft in $150m Gateway payout


Microsoft in $150m Gateway payout 04/11/2005 07:59 PM
Microsoft is to pay PC maker Gateway $150m over four years to settle an anti-trust case.

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AP - Microsoft Corp., the world's biggest software maker, has agreed to pay Gateway Inc. $150 million over four years to settle a legal dispute and the companies will work together on the marketing and development of Gateway personal computing products.

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USATODAY.com - Computer maker Gateway said it plans to use a $150 million legal settlement from Microsoft announced Monday to develop and market computers using Microsoft software. Gateway will drop all antitrust claims against Microsoft, which denied any wrongdoing.

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Reuters - Microsoft Corp., the world's largest software maker, said on Monday that it will pay computer maker Gateway Inc. $150 million over four years to resolve long-standing antitrust claims.

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Over the next four years, Gateway will receive $150 million as part of a settlement stemming from its antitrust claims against Microsoft. Is this the last of the big payouts?


Grok Description matches for Microsoft settles Gateway antitrust claims for $150M
GrokA matches for Microsoft settles Gateway antitrust claims for $150M

Microsoft settles Gateway antitrust claims for $150M

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