Microsoft&#39;s Novell Settlement Clears Hurdles
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Goldman Sachs maintained an &quot;outperform&quot; rating on Microsoft (nasdaq: MSFT - news - people ), saying the software company&#39;s $536 million settlement with Novell (nasdaq: NOVL - news - people ) clears more antitrust hurdles.
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Microsoft settled with Novell for $536 million. Novell also intends to file a new suit againt Microsoft regrading word-processing software.
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Software maker Novell filed a lawsuit late last week, re-igniting a legal feud between itself and rival Microsoft, alleging unfair business practices.
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Just days after Microsoft settled outstanding claims regarding Novell Netware with a $536 million cash payout, Novell has filed a lawsuit in the U.S. District Court of Utah seeking unspecified damages for what it says is unfair competition in the productivity applications market. The suit alleges that Microsoft withheld critical technical information from Novell when the company owned WordPerfect.
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Microsoft has decided not to appeal&#160;last month&#39;s appeal ruling&#160;against it from the Court of First Instance (CFI) and has finally&#160;agreed to comply&#160;with the European Commission&#39;s&#160;2004 antitrust ruling&#160;that sparked the company&#39;s appeal.The decision to accept the CFI&#39;s ruling will dispel any lingering uncertainty facing software and hardware developers over how to plan future product development.&quot;We will not appeal the CFI&#39;s decision to the European Court of Justice and will continue to work closely with the Commission and the industry to ensure a flourishing and competitive environment for information technology in Europe and around the world,&quot; the company said in a statement Monday.Last month the Luxembourg-based CFI threw out Microsoft&#39;s appeal, siding with the Commission on the two essential elements in the antitrust case: Microsoft&#39;s failure to share necessary interoperability information about its Windows operating system with rivals and its strategy of tying its media player to Windows to the detriment of rival players.The Commission declined to comment officially on Microsoft&#39;s decision not to appeal.
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Microsoft (Nasdaq: MSFT) has settled antitrust disputes with Novell (Nasdaq: NOVL) and the Computer & Communications Industry Association (CCIA), a Washington, DC-based trade organization that had supported the European Union's antitrust case against the software giant.
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BRUSSELS: The European Commission said its antitrust case against Microsoft will move full speed ahead despite Microsoft settlements on Monday with Novell and an embattled trade group.
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Novell Inc. has published details of its landmark November 2006 partnership agreements with Microsoft Corp.
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As it said it would, Novell (NOVL:Nasdaq - news - research) filed a federal lawsuit in Utah alleging that Microsoft (MSFT:Nasdaq - news - research) tried to eliminate competition in the office productivity applications market when Novell owned the
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Four days after Novell Inc. of Waltham received half a billion dollars from Microsoft Corp. to settle an antitrust complaint, Novell has filed another antitrust suit against its giant rival.
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SEATTLE/NEW YORK: Microsoft has said it will pay $536m to Novell to settle an antitrust suit. It also resolved a 10-year dispute with a computer trade group.
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SEATTLE/NEW YORK  - Microsoft Corp. MSFT.O said  on Monday said it will pay $536 million to its smaller rival  Novell Inc. NOVL.O to settle an antitrust suit and resolved a  10-year dispute with a computer trade group.
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Microsoft Corp on Monday announced antitrust settlements with Novell Inc. and the Computer and Communications Industry Association (CCIA), ending years of legal wrangling.
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What Redmond giveth, Redmond taketh away. Barely a week after settling an anti-trust suit with Novell over unfair practices designed to drive Netware out of the Enterprise and a few days since Novell slapped
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Fresh off a stinging round of criticism at the Open Source Business Conference for its licensing deal with Microsoft Corp., Novell Inc. made an effort to change the discussion Wednesday, announcing a deal with the Electronic Frontier Foundation to reform patents worldwide.
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Microsoft agreed yesterday to pay more than $500 million to settle a potential antitrust lawsuit by rival software maker Novell but will likely have to fight another part of Novell&#39;s claim in court.
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Final draft of GPL 3 doesn't block the Novell-Microsoft patent pact that has raised open-source hackles.