Microsoft Corp. said late Thursday it had reached a settlement with rival Google Inc. and former employee Kai-Fu Lee, ending a legal battle that had exposed behind-the-scenes rancor between the companies.In a statement, Redmond-based Microsoft said the three parties had entered into a “private agreement that resolves all issues to their mutual satisfaction.”
Google confirmed the settlement and released a statement from Lee saying he was “pleased with the terms of the settlement agreement.”
Microsoft spokesman Jack Evans would not say when the settlement was reached. He also would not provide details of the settlement, calling it confidential. Google also declined to comment further. For more visit here.