Eolas Techs. Inc. v. Microsoft Corp., No. 99 C 626 (N.D. Ill.) (Pallmeyer, J.).
Speculation regarding Judge Pallmeyer’s delay of the Eolas v. Microsoft trial is over. Eolas announced that it settled with Microsoft in a letter to shareholders (available from theSeattle Post-Intelligencer). No details of the settlement were available, but Eolas told its shareholders to expect a dividend from the settlement of up to $60-$72 per share. Here is more coverage of the settlement:*
- Todd Bishop’s Microsoft Blog — discussing the letter to Eolas shareholders.
- Wall Street Journal (subscription required)
- Patent Prospector
* As I have explained in previous posts, I will not comment on any news from this case because of my family’s connection to it, but feel free to discuss the case in the comments.