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Struggling server maker Sun Microsystems Inc. accepted a $1.6 billion settlement from Microsoft Corp. and said it plans to cooperate with its longtime nemesis. Microsoft will pay Sun $700 million to resolve the antitrust case and $900 million to resolve patent issues. The surprise agreement was accompanied by an announcement by Sun that it is cutting 3,300 jobs.
April 05, 2004 at 12:00 AM
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The original version of this story was published on Law.Com
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