Microsoft, Samsung To Cross-License Patents

Law360, New York (April 19, 2007, 12:00 AM EDT) -- Microsoft Corp. and Samsung Electronics Co. Ltd. have agreed to cross-license a broad range of patents, which will allow them to accelerate product development, the electronics companies said Thursday.

The companies did not disclose the financial terms of the agreement but said both parties would receive payments for the value of their portfolios.

Under the agreement, Samsung will use Microsoft patented technology in products such as computers, set-top boxes, digital media players, camcorders, televisions, printers and home appliances.

Microsoft will gain access to Samsung’s patent portfolio...
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