Microsoft Corp. (NASDAQ: MSFT) and Canon Inc. (NYSE: CAJ) on Wednesday broadened their strategic alliance with the announcement of a broad patent cross-licensing agreement.
With this agreement, Microsoft and Canon gain licenses to each other´s highly valued and growing patent portfolios.
“This collaborative approach with Canon allows us to deliver inventive technologies that benefit consumers around the world,” said Nick Psyhogeos, general manager, associate general counsel, IP Licensing of the Innovation and Intellectual Property Group at Microsoft. “Microsoft believes cooperative licensing is an effective way to accelerate innovation while reducing patent disputes.”
This agreement covers a broad range of products and services each company offers, including certain digital imaging and mobile consumer products. Microsoft and Canon have a long history of collaborating to bring high-quality, cutting-edge products to consumers, including colour technology. Contents of the agreement will not be disclosed.
Canon Inc., headquartered in Tokyo, Japan, is a leader in the fields of professional and consumer imaging equipment and information systems. Its website is at www.canon.com
Founded in 1975, Microsoft is the worldwide leader in software, services, devices and solutions that help people and businesses realize their full potential.