US financial software developer Timeline today rejected Microsoft's lawsuit filed yesterday for an alleged breach of contract over a licensing agreement.
Microsoft says the licensing deal gave it the right to sub license the patent to customers, other software vendors and solution providers.
But Timeline argues that it identified certain third party vendors who could not sub license the technology. Microsoft contests this and yesterday filed a lawsuit outlining its objection. see Newswire 13 July, 1999
But in a statement issued today, Timeline chief executive Charles Osenbaugh said: "Timeline believes the license agreement clearly distinguishes between users of Microsoft products who may employ Timeline technology, and certain third party software developers to whom Microsoft may not sublicense."
He added: "Obviously the sub license issue has enormous value that could reach tens of millions of dollars. Unfortunately it is the community of software vendors who added further code to or combine other products with Microsoft technology who are at issue in this dispute. Microsoft has already procured a license for its own products."
The patent describes a process of accessing and summarising data for financial reporting.
Cotton seedling freezes to death as Chang'e-4 shuts down for the Moon's 14-day lunar night
Fortnite easily out-earns PUBG, Assassin's Creed Odyssey and Red Dead Redemption 2 in 2018
Meteor showers as a service will be visible for about 100 kilometres in all directions
Saturn's rings only formed in the past 100 million years, suggests analysis of Cassini space probe data
New findings contradict conventional belief that Saturn's rings were formed along with the planet about 4.5 billion years ago