ARMONK, NY
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22 Mar 2005:
IBM today announced it has settled all outstanding litigation with Compuware. As a result of the settlement, IBM and Compuware have signed a software and services agreement.
IBM has agreed to license $140 million of Compuware software over the next four years, and offer to purchase $260 million of select Compuware services over the next four years. IBM and Compuware have also entered into a patent cross-license agreement, covering patents related to the current businesses of both companies.
This agreement will not have a material impact on IBM's first-quarter 2005 earnings.
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Contact(s) information
Tim Breuer
IBM Media Relations
(914) 766-1711
breuer@us.ibm.com
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