Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
April 10, 2013 03:00 pm

Apple reaches smartphone patent licensing deal, agrees to pay Japanese company $10 million for rights

Apple reaches smartphone patent licensing deal, agrees to pay Japanese company $10 million for rights

You can't normally read about IP and the mobile industry without coming across two endlessly warring tech companies -- especially when Apple is involved. But today marks a different sort of patent exchange for Cupertino: a cooperative one. Japan-based Access Corporation, a mobile software provider, has agreed to license its patent portfolio -- acquired from its purchase of PalmSource (yes, that's the company behind Palm OS) -- to Apple, in a deal valued at about 1 billion Yen (roughly $10 million USD). It's not the first deal of this kind for Access' smartphone IP. Back in 2010, Microsoft entered into a similar arrangement that gave it the rights to the same portfolio. The lesson here, kids? Money, it solves everything.

Filed under: , , ,

Comments

Via: Apple Insider

Source: Macotakara (Translated)


Original Link: http://www.engadget.com/2013/04/10/apple-reaches-smartphone-patent-licensing-deal/

Share this article:    Share on Facebook
View Full Article

Engadget

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

More About this Source Visit Engadget