Tuesday, March 22, 2005

IBM, Compuware settle

from Reuters:

Terms of the agreement call for International Business Machines to license $140 million of Compuware software over the next four years, and offer to buy $260 million of Compuware services over the same period.

The lawsuit began three years ago when Compuware sued IBM alleging that IBM had copied some of its software programs and was selling them for below market cost.

The settlement halts a trial that had been running for several weeks. Early on Tuesday, March 22, 2005, the parties met with the judge, who accepted the settlement, which includes a patent cross-licensing deal between the two companies, IBM said.


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