Monday, April 05, 2004

FLASH NEWS: Rivals join hands...!!

A tech cold war comes to an end Calling a truce in one of the business world's loudest and longest-running rivalries, Sun Microsystems on Friday settled its legal feud with Microsoft in exchange for nearly $2 billion in payments and a 10-year cooperation agreement with its former nemesis. The two companies will collaborate over the next 10 years to make each other's products -- notably Sun's servers and Microsoft's dominant Windows PC operating system -- work together well. McNealy said the deal with Microsoft would make Sun's products more valuable because they will now be able to work smoothly with products running Microsoft's software. Read full-story.

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