“Microsoft Corporation and Caldera, Inc. today announced that
the parties have reached a mutually agreeable settlement of an
antitrust lawsuit filed by Caldera in July 1996.
“We are pleased to put this issue behind us,” said Tom Burt,
General Counsel – Litigation for Microsoft. “Rather than
litigating, we prefer to focus on building great software for our
customers in this dynamic and competitive industry.”
“We are pleased with the result of this lawsuit. We now look
forward to vigorous competition in the marketplace with our Linux
products and strategies both from Caldera Systems, Inc. and Lineo,
Inc.,” said Bryan Sparks, CEO of Caldera, Inc.”
“The terms of the agreement are confidential. Microsoft will
record a one-time charge against earnings in the quarter ending
March 31, 2000, which will reduce earnings per share approximately
three cents.”