Microsoft Wins One, Loses One
Posted on: 01/11/2000 10:03 AM

As many of you have heard, Microsoft and Caldera have settled. Here's the press release:
Salt Lake City, UT -- Jan 10, 2000 -- Microsoft Corporation and Caldera, Inc. today announced that the parties have reached a mutually agreeable settlement of an antitrust lawsuit filed by Caldera in July 1996.

"We are pleased to put this issue behind us," said Tom Burt, General Counsel - Litigation for Microsoft. "Rather than litigating, we prefer to focus on building great software for our customers in this dynamic and competitive industry."

"We are pleased with the result of this lawsuit. We now look forward to vigorous competition in the marketplace with our Linux products and strategies both from Caldera Systems, Inc. and Lineo, Inc.," said Bryan Sparks, CEO of Caldera, Inc.

The terms of the agreement are confidential. Microsoft will record a one-time charge against earnings in the quarter ending March 31, 2000, which will reduce earnings per share approximately three cents.
While Microsoft is probably glad to have one lawsuit out of the way, they suffered a big blow when the US Supreme Court ruled in favor of contract workers who sued Microsoft claiming they deserve stock options and other benefits.

As a former contractor to and current employee of Microsoft, I have mixed feelings about this. However, if I get a phone call from a law firm informing me that my stock vest date will go back to when I first started as a contractor, I won't complain at all.

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