Article: Lindows to change name, get $20 million from Microsoft.

By Bradley J. Fikes, North County Times, Escondido, Calif. Knight Ridder/Tribune Business News

Jul. 20--SAN DIEGO -- Lindows Inc. said Monday that it has agreed to sell its controversial name to Microsoft Corp. for $20 million, settling Microsoft's trademark infringement lawsuits against the San Diego-based software-maker. The settlement eases the way for Lindows' proposed initial public stock offering.

The settlement's terms were disclosed in a document Lindows filed Monday with the Securities and Exchange Commission. The document also sets the value of Lindows' pending offering at $40 million. The company stated in the filing that it expects to ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!