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Microsoft, Hoya ink patent cross-licensing deal

Posted: 14 May 2008 ?? ?Print Version ?Bookmark and Share

Keywords:patent cross-licensing? consumer electronics? intellectual property?

Microsoft Corp. and Hoya Corp., the imaging systems division of Pentax, have entered a patent cross-licensing agreement covering digital cameras made by Pentax and a broad range of other consumer products.

Although the contents of the agreement, including the specific financial terms, have not been disclosed, the parties indicated that Microsoft is being compensated by Pentax.

"When technological industry leaders collaborate through intellectual property licensing, we foster greater innovation that will benefit the customer, the consumer and the overall IT ecosystem," said Horacio Gutierrez, VP of intellectual property and licensing at Microsoft.

"We believe that this contract will further solidify the alliance between the two companies," said Ko Torigoe, general manager of Hoya. "We also expect that it will bring considerable benefits to consumers in the near future, as we should be able to shorten the time required for product development because of technological advancement by both companies, and therefore deliver higher-quality products to the market."

The licensing agreement is another example of the important role IP plays in ensuring a healthy and vibrant IT ecosystem. Since Microsoft launched its IP licensing program in December 2003, the company has entered into more than 500 licensing agreements and continues to develop programs that make it possible for customers, partners and competitors to access its IP portfolio. The program was developed to open access to Microsoft's R&D investments and its growing, broad patent and IP portfolio.

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