Microsoft to pay $1.1b to IBM for antitrust claims

NEW YORK - Microsoft Corp has settled antitrust claims made by International Business Machines Corp, agreeing to pay $US775 million ($1.126 billion) to IBM, the companies said on Friday.

One major antitrust action remains against Microsoft by multimedia software maker RealNetworks - as well as a handful of smaller disputes.

The cases came in the wake of the landmark 2002 settlement by the US Government against Microsoft that led to subsequent agreements with several US states, the European Union and other companies.

- REUTERS