Log has written
FRIDAY, MAY 25, 2012

San Francisco: Microsoft on Monday said that it has signed a deal with Amazon.com that lets each company tap into the other’s patented technology, including that for hot-selling Kindle electronic readers.

Microsoft said that Amazon will be paying the software giant as part of the agreement, but declined to specify the amount.

“We are pleased to have entered into this patent license agreement with Amazon.com,” said Horacio Gutierrez, corporate vice-president and deputy general counsel for Intellectual Property and Licensing at Microsoft.

“Microsoft’s patent portfolio is the largest and strongest in the software industry, and this agreement demonstrates our mutual respect for intellectual property as well as our ability to reach pragmatic solutions to IP issues,” Gutierrez said.

The agreement clears the way for Microsoft’s proprietary software and open-source programs used by Amazon.com to be woven together more tightly without concerns about patent violations.

Each company gets access to the other’s patent portfolio under the terms of a deal covering a broad range of products and technology, Microsoft said.

Microsoft said that it has struck 600 such licensing deals since December 2003 with companies including Apple, Hewlett-Packard, LG Electronics, Novell, and Samsung Electronics.

READ MORE ARTICLES BY:
blog comments powered by Disqus
Bharti to buy Qualcomm’s India unit
The acquisition will put it in a position to offer high-speed wireless data services in 18 of the 21...
Canada’s Intact, HDI-Gerling lead Reliance General stake race
The deal value could be around Rs 1,500 crore, which would make it among the largest foreign investments...
Management students find new summer jobs in govt
The trend seems more prevalent at the newer (some would say lesser) IIMs than at the older ones, although...
Not yet a soft landing for Jet Airways
On a stand-alone basis, Jet’s total revenue rose 25% in the March quarter to Rs 4,042 crore over...
Rupee rebounds on dollar sales, revived sentiment
The central bank is not ruling out the sale of dollars to oil companies directly, says governor