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  Microsoft Settles Patent Case For $60M
Time: 13:54 EST/18:54 GMT | News Source: Internet News | Posted By: Todd Richardson

Microsoft agreed Wednesday to pay Imagexpo $60 million to settle a case involving disputed technology used in the Redmond, Wash., giant's NetMeeting product. A jury trial last month determined the Redmond, Wash., software giant used a technique for viewing and editing pre-press images in NetMeeting that was patented by Imagexpo and was liable for $62.5 million in damages.

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