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Microsoft Settles with Company to Use Xbox Name | |
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| Time: 17:27 EST/22:27 GMT | News Source: Yahoo News | Posted By: Viper | ||
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It's settled: Microsoft won't be forced to turn the Xbox into a Ybox. The software giant on Friday reached an agreement with XBOX Technologies, a small technology holding company that will -- in exchange for an undisclosed reward -- alter its name and drop a challenge to Microsoft's use of the name ``Xbox'' for its upcoming video game console. Details of the deal will be kept under wraps, according to the companies. ``It was a very, very mutually satisfying agreement,'' said Robert Koolen, vice president of marketing for Knowledge Mechanics, a computer-based education company that is the main holding of XBOX Technologies. | ||
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