Microsoft Corp. (NASDAQ: MSFT) and Hop-on, Inc. (OTC: HPNN) said they have signed a worldwide patent licensing agreement that provides broad coverage under Microsoft´s patent portfolio for devices running the Android and Chrome OS, including smartphones and tablets.
While the contents of the agreement are confidential, the parties indicate that Microsoft will receive royalties from Hop-on under the agreement.
More information about Microsoft´s licensing programs is available at http://www.microsoft.com/iplicensing.
Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
Hop-on is a global ODM and OEM manufacturer of electronics, based in the United States. Hop-on is focused on Android and Chrome OS -based devices, smartphones, tablets, televisions, set-top boxes, eReaders and innovative mobile device applications.