EPSON & MICROSOFT IN PATENT DEAL

[Anonymous]

Epson, Microsoft Ink Patents Deal
Today, Epson and Microsoft Corp have announced a cross-licensing agreement, which will allow both companies increased access to each other’s patent portfolios.Simply put, the agreement will help both Epson and Microsoft to broaden their product offerings, and deliver more comprehensive and cost-effective solutions.

Terms of the agreement have not been disclosed.
Sources from the two companies say this move will promote greater exchange and implementation of patented technologies in several consumer and business Electronics segments.Commenting on the agreement, Masataka Kamiyanagi, Executive Officer of Intellectual Property Division, Epson, said, “With this agreement, we can share technologies that each company has invested in, and bring the resulting success to the marketplace. We expect to expand our mutual relations in order to protect our intellectual properties on a global level, especially against counterfeit problems.”Marshall Phelps, Corporate Vice President and Deputy General Counsel for Microsoft, said, “Epson is an important industry ally for us, and by sharing our intellectual property, we can extend the reach of our respective innovations to our customers. Intellectual property licensing is a cornerstone of today’s software industry, and essential for the development of comprehensive technology solutions.” 

[Author]

November 27, 2006 at 10:12 AM