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Microsoft to invest in Inprise

Jun 09, 1999, 08:43 (16 Talkback[s])

Thanks to David and Prem Kurian Philip for these links.

"Technology-Licensing Agreements Backed Up by 10 Percent Investment in Inprise by Microsoft"

"Microsoft Corp. (Nasdaq: MSFT) and Inprise Corp. (Nasdaq: INPR) today announced the completion of a set of strategic technology and licensing agreements that will be the foundation for a long-term alliance between the two companies. The announcement includes a $25 million purchase by Microsoft of shares of Inprise preferred stock."

Reuters has a short article on this matter, which is based on the full press release on Inprise's website.