South Korean electronics giant LG Electronics became the latest in a suddenly long list of companies to sign a patent cross-licensing deal with Microsoft. The deal covers a number of software and hardware products, Microsoft says, including LGE's Linux-based embedded devices.
"This agreement is another example of how Microsoft is continuing to build bridges with others in the industry through intellectual property licensing," says Microsoft vice president of intellectual property and licensing Horacio Gutierrez, "We are pleased to be working with an industry leader and partner like LGE to meet our mutual business goals and customer needs."
As with other similar deals, the terms are confidential. However, the companies did reveal that Microsoft will make a single payment to LGE to cover patents related to "operating systems and computer systems." LGE, meanwhile, will make ongoing payments to Microsoft "for the value of Microsoft patents as they relate to Linux-based embedded devices that LGE produces."