IBM Buys Mainframe Rival To End IP, Antitrust Suits

Law360, New York (July 3, 2008, 12:00 AM EDT) -- IBM Corp. has acquired mainframe computer company Platform Solutions Inc., putting to rest a patent infringement and unfair-competition dispute between the companies in the United States and a pending competition complaint launched by PSI against IBM in Europe.

IBM said Wednesday that it had purchased Sunnyvale, Calif.-based PSI, but did not disclose how much it paid for the technology company, which is backed by venture capital firm Blueprint Ventures.

PSI's technology and employees will be integrated into IBM's System z business unit, which is part of...
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