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Wednesday, October 12, 2005

Microsoft and Real put an end to legal battle


From gamesindustry.biz
Oct. 11, 2005

"The antitrust lawsuit filed by RealNetworks against Microsoft almost two years ago has finally been settled in a USD 761 million deal which will see the former rivals collaborating on efforts including Xbox Live Arcade.

The deal includes an upfront cash payment of USD 460 million which resolves all damages claims and gives Real access rights to Windows Media technologies.

The antitrust lawsuit filed by RealNetworks against Microsoft almost two years ago has finally been settled in a USD 761 million deal which will see the former rivals collaborating on efforts including Xbox Live Arcade.

The deal includes an upfront cash payment of USD 460 million which resolves all damages claims and gives Real access rights to Windows Media technologies."

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