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Microsoft to pay AOL $750 million
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#1
05-30-2003
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Microsoft to pay AOL $750 million
Microsoft is paying $750 million to AOL Time Warner as part of a wide-ranging settlement that also calls for the companies to jointly cooperate on software distribution and digital media.
As part of the deal announced Thursday, the companies will drop pending litigation, including an antitrust complaint filed by AOL Time Warner's Netscape Communications unit in January 2002 against Microsoft. AOL also agreed to a seven-year royalty-free license of Microsoft's Internet Explorer browser. Read more: CNet News. So is this the end for Netscape browser? I would say so, but not likely the end of the Mozilla project. |
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#3
05-30-2003
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Maybe the beginning of a Microsoft takeover of AOL?
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