Microsoft to invest in Inprise

Written By
Web Webster
Web Webster
Jun 9, 1999

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.

Web Webster

Web Webster

Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.

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