Post by
strelioff on Aug 02, 2008 2:43pm
VCSY MSFT lawsuit settlement
8/1/2008 1:51:37 PMDOW JONES NEWSWIRES Vertical Computer Systems Inc. (VCSY) settled the patent infringement claim that it initiated in federal court against Microsoft Corp. (MSFT), according to a document filed Friday with the Securities and Exchange Commission. Under a confidential settlement agreement, the company said it granted Microsoft a non-exclusive, fully paid-up license under the patent which was the subject of the legal proceeding. No further details of the settlement was provided in the filing.
Comment by
strelioff on Mar 05, 2009 2:51pm
Re-entering with free money as there is more to this settlement and future.Cheap enough that microsoft should just buyout