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Microsoft settles dispute with IBM for $775mn
Seattle: Microsoft has moved out of yet another antitrust tangle last week, agreeing to pay IBM $775 million for damaging the prospects of its OS/2 PC operating system that once competed with Windows. The settlement arises out of findings by a U.S. District Judge that IBM was hurt by Microsoft's anti-competitive practices.

In addition to the payment, Microsoft will extend $75 million in software credit to IBM.

The settlement resolves any charges of discriminatory pricing and overcharging related to OS/2 and IBM SmartSuite products but doesn't include claims related to servers. IBM agreed not to pursue any damages related to servers for two years, and it won't go back earlier than June 30, 2002.

Microsoft last year spent $2.5 billion to settle disputes with Sun Microsystems and Novell.
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