Microsoft, Samsung Announce Technology Patent Agreement
By:
Shabana
| Apr 19, 2007
Microsoft and Samsung Electronics have announced that they have signed a broad technology patent pact to develop future products.
Through the deal, Samsung will obtain access to Microsoft patents that may be practiced in Samsung’s existing and future product lines. Samsung will also obtain coverage from Microsoft for its customers’ use of certain Linux-based products.
Similarly, Microsoft will gain access to Samsung’s patent portfolio relating to digital media and computer related inventions, for its existing and future products.
Financial terms were not disclosed, but the companies said they will both receive monetary payments compensating them for the patent usage.
Through the deal, Samsung will obtain access to Microsoft patents that may be practiced in Samsung’s existing and future product lines. Samsung will also obtain coverage from Microsoft for its customers’ use of certain Linux-based products.
Similarly, Microsoft will gain access to Samsung’s patent portfolio relating to digital media and computer related inventions, for its existing and future products.
Financial terms were not disclosed, but the companies said they will both receive monetary payments compensating them for the patent usage.
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