IAM: Microsoft invites TomTom to reveal settlement terms after OIN chief's claims
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Started by: zoobabzoobab
Date: 06 May 2009 13:33
Number of posts: 1
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Summary:
Bergelt's statement attracted a swift response from Gutierrez, who is vice-president for IP and Licensing at Microsoft. He said: "The terms of the contract are confidential and therefore we cannot comment on the amount of the settlement payment. However, Mr Bergelt is wrong. Mr Bergelt’s speculation is based on an incorrect understanding of Dutch law and therefore cannot be relied upon as a basis for interpreting the amount of the settlement payment to Microsoft. If people would like to know the real financial terms of the agreement, Microsoft has no objection to that if TomTom wishes to waive the confidentiality of those terms."
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