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Microsoft Corp. will pay $60 million to settle a lawsuit brought by a California software company that alleged Microsoft stole its multimedia streaming software. Microsoft and Burst.com said in a joint statement late Friday that they had reached "an agreement in principle" to resolve all claims against Microsoft. Under the settlement, Microsoft also will receive a non-exclusive license to Burst's patent portfolio.
March 14, 2005 at 12:00 AM
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The original version of this story was published on Law.Com
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