SKorea's Samsung Elec, Microsoft sign patent cross licensing deal |
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Thu, 19 Apr 2007 05:38
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SEOUL (XFN-ASIA) - Samsung Electronics said it has signed a patent cross-licensing deal with Microsoft Corp in a bid to accelerate further product development.It said Microsoft has actively sought patent agreements with a range of companies in order to improve relations with consumer electronics, telecommunications, computer hardware and Linux/Unix platform providers.Samsung Electronics holds of one of the largest US patent portfolios.Under the deal, Samsung will obtain access to Microsoft patents that may be applied in a range of Samsung's existing and future product lines, such as computer products, set-top-boxes, digital media players, camcorders, televisions, printers, and home appliances.In these product lines, Samsung and its distributors and customers may utilize Microsoft's patents in Samsung's products with proprietary software, while Samsung will also obtain coverage from Microsoft for its customers' use of certain Linux-based products.For its part, Microsoft will gain access to Samsung's digital media and computer related inventions.The deal involves unspecified monetary payments for use of the other party's intellectual property.Cho Shung-Hyun, Senior Vice President of the Digital Media R&D Center at Samsung Electronics, said: 'Patent collaboration agreements like this expand access to ideas and lead to even more desirable products for our customers.''We are always looking for new opportunities to work collaboratively within the industry and Samsung was a natural fit, particularly because of their leadership in the rapidly changing world of digital media technologies,' Horacio Gutierrez, Vice President of Intellectual Property and Licensing at Microsoft, said.'Companies that collaborate are in the best position to deliver the products and service that their customers demand,' Gutierrez added.Microsoft has recently completed similar agreements with companies such as Novell, NEC, Fuji-Xerox, Seiko-Epson and Nortel.eunkyung.seo@xinhuafinance.com
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