Microsoft and Amazon sign IP Licensing Agreement.
According to PC Mag Online:
Microsoft and Amazon on Monday signed a cross-license agreement under which both companies will have access to each other’s patent portfolio. The deal covers a “broad range” of products, including Amazon’s Kindle and Amazon’s use of Linux-based servers. Exact terms of the deal were not released, but it was revealed that Amazon will pay Microsoft for the access.
The article goes on to state that the goal of agreements like these is to help prevent costly patent litigation down the road.
The full article can be read here.
