Microsoft, Eolas To Begin Settlement Negotiations

Law360, New York (July 31, 2007, 12:00 AM EDT) -- Software giant Microsoft Corp. and rival Eolas Technologies Inc. have agreed to sit down and negotiate a years-long, $561 million patent dispute, postponing a retrial that was scheduled to start on Monday.

The Los Angeles Times reported on Tuesday that the two companies were trying to reach a settlement before resuming their legal battle, which began in 1999 and has gone from the Northern District of Illinois to the Federal Circuit and back. Jury selection in the trial has been postponed for one month.

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