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April 9, 2008 |
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ALCATEL-LUCENT SA: Wins US$367.4 Bln Patent Case vs. Microsoft A U.S. federal jury has ordered Microsoft Corp. to pay around US$367.4 million in infringement damages to Alcatel-Lucent SA, Reuters reports. The jury ruled that Microsoft infringed two technology patents: one which allows users to enter dates into calendars, and another one that allows tablet computers to recognize handwriting patterns, Reuters relates. "We will move immediately to have the two verdicts against Microsoft overturned," said Tom Burt, Microsoft corporate vice president and deputy general counsel, told Reuters. "We feel confident the verdicts will be overturned, just as the court overturned a verdict last year by a San Diego jury." Judge Rudi Brewster of the U.S. District Court for the District of California reversed in August 2007 a jury's decision ordering Microsoft to pay around US$1.52 billion in patent infringement damages to Alcatel-Lucent. The company has appealed the decision. About Alcatel-Lucent Headquartered in Paris, France, Alcatel-Lucent S.A. -- http://www.alcatel-lucent.com/ -- provides solutions that enable service providers, enterprises and governments worldwide to deliver voice, data and video communication services to end users. Alcatel-Lucent maintains operations in 130 countries, including, Austria, Germany, Hungary, Italy, Netherlands, Ireland, Canada, United States, Costa Rica, Dominican Republic, El Salvador, Guatemala, Peru, Venezuela, Indonesia, Australia, Brunei and Cambodia. * * * As reported in the TCR-Europe on April 4, 2008, Moody's Investors Service affirmed the ratings for Alcatel-Lucent, which include a Ba3 corporate family rating for Alcatel-Lucent and a Not-Prime for its short term debt, as well as Ba3 ratings for senior and B2 ratings for subordinated debt that was issued originally by the predecessor companies Alcatel S.A. and Lucent Technologies, Inc. Moody's said the outlook for the ratings is Negative. Alcatel-Lucent's Long-Term Corporate Credit rating and Senior Unsecured Debt carry Standard & Poor's Ratings Services' BB rating. Its Short-Term Corporate Credit rating stands at B. |
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