Microsoft unveils .NET strategy

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Microsoft Corp. on June 22 unveiled details of its long-awaited Web-distributed software and services strategy to more than 300 reporters and analysts at Forum 2000 in Redmond, Wash. Executives outlined the strategy, called .NET, which uses Extensible Markup Language, or XML, as the primary vehicle for distributing software and services to businesses, consumers and software developers. The new strategy eventually will shift Microsoft's applications business, powerful products such as Office and MSN, to a subscription-based model whereby customers pay for applications delivery and ever-more customized versions. However, Microsoft will continue to license and collect one-time royalties on some products such as Windows.

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