SAN FRANCISCO – Software manufacturing leading corporation Microsoft has revealed it has reached a deal to resolve a patent duel with Salesforce.com – a cloud computing firm.
Each had brought a lawsuit in the US court accusing the other to have violated its patented technology.
Under the terms and conditions of the agreement, both companies will have the rights to use each others technology. It was also decided that Salesforce.com will pay compensation to Microsoft, though the amount to be paid was not revealed.
“We are pleased to reach this agreement with Salesforce.com to put an end to the litigation between our two companies,” said Horacio Gutierrez – Microsoft corporate Vice President.
“Today’s agreement is an example of how companies can compete vigorously in the marketplace while respecting each other’s intellectual property rights.”
The legal duel arose as Microsoft is finding it hard to accustom itself with latest trends of programs being shared as services in the internet cloud instead of being purchased, installed, and maintained on individual computers.
Microsoft manufactured its trend defining software such as Office, outlook, and Windows, whereas San Francisco-based Salesforce has rapidly become popular and prospering name in cloud computing.
Microsoft has introduced Windows Azure cloud Platform providing wide range of live services offered through web.
Salesforce filed a litigation in June against Microsoft for violating its patent rights, apparently as retaliation for similar lawsuit that the US technology giant filed against Salesforce in May.
Latest posts by CloudTweaks (see all)
- Cloud Infographic: Data Storage – $16 Billion Market - October 23, 2014
- SingleHop Unveils Enterprise-Class Virtual Private Cloud for Businesses of All Sizes - October 21, 2014
- Big Data, Big Revenue For The Car Industry - October 17, 2014