1994-06-22, English, Article, Other article edition: Microsoft, Stac settle patent fight. (Stac Electronics) O'Connor, Rory J.

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Bookmark: http://trove.nla.gov.au/version/110619557
Physical Description
  • table
  • Newspaper article
Published
  • San Jose Mercury News, 1994 June 22
Language
  • English

Edition details

Title
  • Microsoft, Stac settle patent fight. (Stac Electronics)
Also Titled
  • Microsoft, Stac settle patent fight.
Appears In
  • San Jose Mercury News, 1994 June 22, p11D(2) (ISSN: 0747-2099)
Author
  • O'Connor, Rory J.
Published
  • San Jose Mercury News, 1994 June 22
Physical Description
  • table
  • Newspaper article
Subjects
Target Audience
  • General
  • Trade
Summary
  • Stac Electronics settles its lawsuit with Microsoft Corp over Microsoft's wrongful use of Stac's data compression technology. Microsoft will pay Stac approximately $40 million for non-voting, convertible preferred stock that can be converted to common stock in 2004. Microsoft will also pay the company $1 million a month in royalties for 43 months beginning Jul 1994. The companies agreed to cross-license their data compression technology patents that they own until 1998. Microsoft also does not have to remove copies of MS-DOS 6.0 and 6.1 from dealers' shelves as part of the agreement. Microsoft was motivated to work out an arrangement after losing a software infringement suit to Stac. The jury gave Stac an award of $120 million and required Microsoft to remove all copies of its operating system that contained Stac's compression technology.
Notes
  • table
Language
  • English
Database
  • Gale General OneFile
Identifier
  • 15560933

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