Microsoft
to pay Alcatel-Lucent $1.52 billion in patent suit damages
New York: A U.S. federal jury held Microsoft Corp.
guilty of infringement of audio patents held by Alcatel-Lucent
and ordered the software company to pay $1.52 billion
in damages.
Microsoft
said it plans to appeal if necessary. It said the verdict
is unsupported by the law and that it had already licensed
the technology in question from Germany's Fraunhofer.
Alcatel-Lucent
had accused the world's biggest software maker of infringing
patents related to standards used for playing MP3 digital
music files.
For
Microsoft, $1.52 billion represents six weeks of cash
flow or about 15 cents per share.
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Siemens
acquisition of UGS gets U.S. antitrust approval
Washington: U.S. antitrust authorities have approved plans
by German group Siemens AG to buy industrial design software
maker UGS Corp. for $3.5 billion.
UGS
is owned by three private equity firms -- Bain Capital,
Silver Lake Partners and Warburg Pincus, which bought
UGS from technology services provider Electronic Data
Systems in March 2004 for $2.05 billion.
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