Microsoft Corp. said it will pay Gateway Inc. $150 million over four years to settle the companies' antitrust dispute. Redmond-based Microsoft (NASDAQ: MSFT) and Irvine, Calif.-based Gateway (NYSE: GTW) now plan to work together "on the marketing and development of Gateway personal computing products," according to an announcement. "Our relationships with PC manufacturers are integral to our success, and we look forward to working even more closely with Gateway to communicate the benefits of its products and our software to consumers," Rodrigo Costa, Microsoft's OEM corporate vice president, said in a statement. Gateway was specifically identified in the antitrust suit brought against Microsoft in the mid-1990s as a company that was harmed by Microsoft's business tactics.

Posted by GEN-ERIC at 12:14:09 am into the following categories: In The News

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