Re: Sun & Microsoft Settle FINALLY. MS will pay license fees sort of OT, but good news...
From: Yves Leclerc (yvesleclercNOSPAM_at_sympatico.ca)
Date: 04/04/04
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Date: Sun, 4 Apr 2004 10:59:39 -0400
MS may not re-instate Java. They developed C# to replace it.
"t.cruise" <t__cruise@[NoSpam]hotmail.com> wrote in message
news:OZZRyGbGEHA.3576@tk2msftngp13.phx.gbl...
> The following is from USA TODAY. It's good that Sun and Microsoft have
> settled. The monetary award is secondary to the fact that Microsoft is
now
> willing to pay Sun licensing fees, which would mean to me that we can
> benefit with MS Java Machine again, and that Windows can again ship with
> Java. And, no more, "Where can I get Java?" posts, or having to download
> it. I think we will benefit.
> --
>
> T.C.
> t__cruise@[NoSpam]hotmail.com
> Remove [NoSpam] to reply
>
> 1.6B reasons help Sun kiss and make up with Microsoft
>
> SAN JOSE, Calif. (AP) - Struggling server maker Sun Microsystems (SUNW)
> reached a sweeping, $1.6 billion settlement with Microsoft (MSFT) and said
> it plans to cooperate with its longtime nemesis, a company it had branded
an
> unrepentant monopolist.
> The surprise agreement was accompanied by an announcement by Sun that it
is
> cutting 3,300 jobs and that its net loss for the fiscal third quarter will
> be wider than expected. The cuts represent 9% of its total workforce of
more
> than 35,000.
>
> The "broad cooperating agreement" with Microsoft ends Sun's $1 billion
> private antitrust suit against the software giant. Sun's complaints also
> sparked the investigation that led to the European Union's recent record
> fine against Microsoft.
>
> "This agreement launches a new relationship between Sun and Microsoft - a
> significant step forward that allows for cooperation while preserving
> customer choice," said Scott McNealy, Sun's chief executive.
>
> As part of the deal, Microsoft will pay Sun $700 million to resolve the
> antitrust case, which was scheduled to go to trial in January 2006, and
$900
> million to resolve patent issues. Sun and Microsoft also will pay
royalties
> for each others' technologies.
>
> "Our companies will continue to compete hard, but this agreement creates a
> new basis for cooperation that will benefit the customers of both
> companies," said Steve Ballmer, Microsoft's chief executive.
>
> Sun, once a shining star of Silicon Valley, also said it expects revenue
for
> the quarter ended March 28 to be approximately $2.65 billion. Net loss
will
> be between $750 million and $810 million, or 23 cents to 25 cents a share.
>
> Analysts polled by Thomson First Call were projecting a loss of 3 cents a
> share on revenue of $2.85 billion.
>
> Sun also named software head Jonathan Schwartz as its president and chief
> operating officer, effective immediately. McNealy has been under pressure
to
> name a replacement for Ed Zander, who stepped down as chief operating
> officer more than a year ago.
>
>
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