Wednesday, March 16, 2005

Burst, Microsoft to settle [?]

from Techworld:

Microsoft is to pay video player software vendor Burst US$60 million to settle Burst's anti-trust and patent-infringement claims. The settlement will also give Microsoft a non-exclusive right to Burst's media player software.

Burst will use the settlement money to pay off long-term debts, enforce patent claims against other companies and to pay shareholders, according to the press release.


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