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10-percenthttp://www.news.com said:
Microsoft invests in inprise
By Melanie Austria Farmer
Staff Writer, CNET News.com
June 8, 1999, 9:25 a.m. PT
Inprise and Microsoft today announced a long-term technology
licensing pact backed by a 10-percent investment in Inprise
by the software giant.
Redmond, Washington-based Microsoft said in a statement that
the agreement with Inprise includes a $25 million purchase by
Microsoft of Inprise shares of preferred stock.
Under the agreement, Microsoft said it will provide Inprise
with technologies related to the Windows platform. Microsoft
also paid Inprise $100 million for the rights to use
Inprise-patented technology in Microsoft products and to settle
a number of long-standing patent and technology licensing issues,
the two companies said. The total value of the Microsoft
investment and payment to Inprise is $125 million.
http://www.inprise.com said:
INPRISE AND MICROSOFT CONFIRM COMMITMENT OF INPRISE TOOLS
FOR THE WINDOWS PLATFORM
Technology-Licensing Agreements Backed Up by 10 Percent
Investment in Inprise by Microsoft
SCOTTS VALLEY, Calif. -- June 8, 1999 -- Microsoft Corp.
(Nasdaq: MSFT) and Inprise Corp. (Nasdaq: INPR) today
announced the completion of a set of strategic technology
and licensing agreements that will be the foundation for
a long-term alliance between the two companies. The
announcement includes a $25 million purchase by Microsoft
of shares of Inprise preferred stock.
Key components of the arrangement include Inprise's
commitment todo
the following:
(1)Support the Microsoft(r) Windows(r) 2000 operating system,
including the COM+ and the Windows Distributed interNet
Applications (Windows DNA) architecture. Inprise will
enhance its family of Windows development tools to support
this technology as well as the Windows-based DNA architecture
and to conform to the Windows 2000 Application Specification.
(2)License the latest version of the Microsoft Foundation
Classes (MFC), the standard C++ class library for developing
applications for Windows. MFC will ship with Borland C++Builder.
(3)License the latest version of the Windows platform software
development kit (SDK) through the Microsoft Open Tools licensing
program. Elements of the Windows platform SDK will be incorporated
into Inprise's Borland family of Windows-based development tools.
"We're extremely pleased with this alliance," said Dale Fuller,
interim president and CEO of Inprise. "This provides a great basis
for expanding Inprise's support for the Windows platforms and newer
Microsoft technologies in the Internet and else
where."
In turn, Microsoft made a long-term commitment to provide Inprise
with technologies related to the Windows platform and Internet
technologies. Microsoft also paid Inprise $100 million for the
rights to use Inprise-patented technology in Microsoft products
and to settle a number of long-standing patent and technology
licensing issues. The total value of the investment and payment
to Inprise is $125 million.
"Microsoft is pleased to enter into this alliance with Inprise",
said Paul Maritz, vice president of the Developer Group at
Microsoft. "Windows customers will benefit from Inprise's
additional support of Microsoft technologies."
"Inprise is widely known for its Borland family of developer
tools that support Windows, and we look forward to expanding
our alliance with the company," said Morris Beton, general
manager of MSDN(tm) and Developer Programs at Microsoft.
"We are pleased that Inprise is positioned to create tools
and provide technologies that support the Windows platform
and that complement Microsoft's product offerings."
--
Microsoft invests in inprise
By Melanie Austria Farmer
Staff Writer, CNET News.com
June 8, 1999, 9:25 a.m. PT
Inprise and Microsoft today announced a long-term technology
licensing pact backed by a 10-percent investment in Inprise
by the software giant.
Redmond, Washington-based Microsoft said in a statement that
the agreement with Inprise includes a $25 million purchase by
Microsoft of Inprise shares of preferred stock.
Under the agreement, Microsoft said it will provide Inprise
with technologies related to the Windows platform. Microsoft
also paid Inprise $100 million for the rights to use
Inprise-patented technology in Microsoft products and to settle
a number of long-standing patent and technology licensing issues,
the two companies said. The total value of the Microsoft
investment and payment to Inprise is $125 million.
http://www.inprise.com said:
INPRISE AND MICROSOFT CONFIRM COMMITMENT OF INPRISE TOOLS
FOR THE WINDOWS PLATFORM
Technology-Licensing Agreements Backed Up by 10 Percent
Investment in Inprise by Microsoft
SCOTTS VALLEY, Calif. -- June 8, 1999 -- Microsoft Corp.
(Nasdaq: MSFT) and Inprise Corp. (Nasdaq: INPR) today
announced the completion of a set of strategic technology
and licensing agreements that will be the foundation for
a long-term alliance between the two companies. The
announcement includes a $25 million purchase by Microsoft
of shares of Inprise preferred stock.
Key components of the arrangement include Inprise's
commitment todo
the following:
(1)Support the Microsoft(r) Windows(r) 2000 operating system,
including the COM+ and the Windows Distributed interNet
Applications (Windows DNA) architecture. Inprise will
enhance its family of Windows development tools to support
this technology as well as the Windows-based DNA architecture
and to conform to the Windows 2000 Application Specification.
(2)License the latest version of the Microsoft Foundation
Classes (MFC), the standard C++ class library for developing
applications for Windows. MFC will ship with Borland C++Builder.
(3)License the latest version of the Windows platform software
development kit (SDK) through the Microsoft Open Tools licensing
program. Elements of the Windows platform SDK will be incorporated
into Inprise's Borland family of Windows-based development tools.
"We're extremely pleased with this alliance," said Dale Fuller,
interim president and CEO of Inprise. "This provides a great basis
for expanding Inprise's support for the Windows platforms and newer
Microsoft technologies in the Internet and else
where."
In turn, Microsoft made a long-term commitment to provide Inprise
with technologies related to the Windows platform and Internet
technologies. Microsoft also paid Inprise $100 million for the
rights to use Inprise-patented technology in Microsoft products
and to settle a number of long-standing patent and technology
licensing issues. The total value of the investment and payment
to Inprise is $125 million.
"Microsoft is pleased to enter into this alliance with Inprise",
said Paul Maritz, vice president of the Developer Group at
Microsoft. "Windows customers will benefit from Inprise's
additional support of Microsoft technologies."
"Inprise is widely known for its Borland family of developer
tools that support Windows, and we look forward to expanding
our alliance with the company," said Morris Beton, general
manager of MSDN(tm) and Developer Programs at Microsoft.
"We are pleased that Inprise is positioned to create tools
and provide technologies that support the Windows platform
and that complement Microsoft's product offerings."
--