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  Microsoft deals seen boosting licensing revenue
Time: 07:20 EST/12:20 GMT | News Source: Reuters | Posted By: Byron Hinson

Microsoft Corp is changing its business software licensing approach to squeeze more revenue from existing users and counter sluggish sales of personal computers, an analyst said late on Monday.Microsoft confirmed that its licensing practices could change amid its plans to start to selling software as a subscription service. But the software giant would not fully confirm the details of agreements described by USB Warburg analyst Don Young in an earlier conference call. Young told the conference call Microsoft has recently struck new contracts with several large enterprises, mainly in Europe, doing away with ``perpetual use'' clauses that let customers continue using whatever current version of their software is available at the time the contract expires.

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