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Microsoft and LG Electronics Announce Broad Patent-Licensing Agreement | |
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| Time: 00:00 EST/05:00 GMT | News Source: Microsoft Press Release | Posted By: Jonathan Tigner | ||
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Microsoft Corp. and LG Electronics (LGE) today announced that they have entered into a patent cross-license agreement to further the development of the companies’ current and future product lines. Microsoft has focused on patent agreements in the recent past to develop a best-practices model for protecting intellectual property (IP) and respecting the IP rights of others, as well as building bridges with an array of industry leaders, including consumer electronics, telecommunications and computer hardware providers. Through the agreement, LGE will be able to use Microsoft®-patented innovations in its products, including Linux-based embedded devices. Microsoft will have access to LGE’s patents and will license other patents developed by LGE that are now owned by business solutions provider MicroConnect Group. The specific financial terms of the agreement are confidential, but the parties are disclosing that Microsoft will be making a net balancing payment to LGE and MicroConnect for patents related to operating systems and computer systems. LGE will be making ongoing payments to Microsoft for the value of Microsoft patents as they relate to Linux-based embedded devices that LGE produces. |
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Read Only Comments Return to News |
Displaying Comments 1 through 4 of 4 |
This is an archived static copy of ActiveWin.com. |
| #1 By 3653 (68.52.143.149) at Thursday, June 07, 2007 04:44:32 AM |
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I just edited LG Electronics' entry at wikipedia. It now says the "L" in "LG" stands for "Latch". I figured it would then be obvious that the "Electronics" meant coffee makers. This post was edited by mooresa56 on Thursday, June 07, 2007 at 04:46. |
| #2 By 23275 (24.179.4.158) at Thursday, June 07, 2007 11:46:37 AM |
| #1, LOLOLOLOLOLOLOL <oh man (wiping away a tear)> That was funny. |
| #3 By 15406 (216.191.227.68) at Thursday, June 07, 2007 12:01:45 PM |
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#2: Oh please, you're pathetic. You're so desperate to get back at me for my sacrilege against MS that you'd applaud if any of my AW foils so much as farted. And weren't you casting stones at me just the other day for occasional small insults, and yet here you are laughing and egging on someone insulting me? Hypocrisy, thy name is Ketchum.
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| #4 By 3653 (68.52.143.149) at Thursday, June 07, 2007 04:51:21 PM |
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how dare lketchum type "LOL". Why, he is such a hypocrite. "LOL" is the same as saying "stupid" and other direct insults.
Me thinks latch's feelings are genuinely hurt by recent events. |
