YahooBiz:Timeline wins $5M from Microsoft in patent settlement
Forum » Resources / News picks » YahooBiz:Timeline wins $5M from Microsoft in patent settlement
Started by: zoobabzoobab
Date: 31 Oct 2007 11:45
Number of posts: 1
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Summary:
Microsoft Corp. will pay Timeline Inc. $5 million to settle a patent infringement lawsuit, according to a Securities and Exchange Commission filing by the Seattle patent-holding company. According to Timeline's SEC filing last week, Microsoft agreed to pay Timeline $5 million within 14 days as part of the settlement. Timeline, which describes itself as a "company ... solely focused on commercializing its patent portfolio," had sued the Redmond computer giant and its subsidiary ProClarity Corp. for patent infringement.
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