Ballmer Outlines Sun Agreement Terms for Microsoft Employees
In a company-wide e-mail, Microsoft CEO Steve Ballmer characterizes Sun deal as 'a dramatic event in the industry.' Read the full text of his message.Editors Note: Microsoft CEO Steve Ballmer sent a company-wide e-mail to Microsoft employees on Friday, outlining for them the terms of the $1.6 billion Sun settlement/technology pact between the two companies. Here is the text of Ballmers e-mail obtained by Microsoft Watch: Today Im pleased to announce that Microsoft and Sun Microsystems have settled all of the pending litigation between our two companies, and entered into a broad technology collaboration that will provide a new framework for our two companies to cooperate and compete in a more constructive manner going forward.
This agreement represents a dramatic event in the industry. While it doesnt change the fact that we compete, it does mean that Microsoft and Sun will be working together in ways that we havent in the past. This agreement is good news for Microsoft, good news for the industry, and good news for customers and developers.