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MSFT Microsoft Corporation

396.89
7.56 (1.94%)
02 May 2024 - Closed
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Share Name Share Symbol Market Type
Microsoft Corporation NASDAQ:MSFT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  7.56 1.94% 396.89 396.00 396.87 401.7199 390.31 392.73 23,562,483 00:59:58

Microsoft, ASUS broaden patent licensing engagement

01/10/2015 11:00pm

PR Newswire (US)


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REDMOND, Wash. and TAIPEI, Taiwan, Oct. 1, 2015 /PRNewswire/ -- Microsoft Corp. and ASUSTeK Computer Inc. (ASUS) on Thursday announced the expansion of an earlier patent licensing agreement between the companies. The deal includes a broad cross-license covering, for example, ASUS Android-based phones and tablets and Microsoft software, devices and services. It paves the way for closer integration between the two companies, including pre-installation by ASUS of Microsoft Office productivity services on ASUS Android smartphones and tablets. The agreement also facilitates technology sharing toward the development of new, innovative product solutions.

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"This agreement delivers significant value for both companies. Beyond ensuring continued improvements to our products, it opens the door to the kind of collaboration between Microsoft and ASUS made possible only through mutual respect and alignment on intellectual property," said Nick Psyhogeos, president of Microsoft Technology Licensing LLC.

ASUS General Counsel Vincent Hong said, "This agreement will give us both a greater ability to innovate for our customers. We see it leading to broad partnership opportunities for future technologies and a strengthened relationship between our two companies as leaders of the technology industry."

About ASUS

ASUS is a worldwide top-three consumer notebook vendor and maker of the world's best-selling, most award-winning motherboards. A leading enterprise in the new digital era, ASUS designs and manufactures products that perfectly meet the needs of today's digital home and office, with a broad portfolio that includes motherboards, graphics cards, optical drives, displays, desktop and all-in-one PCs, notebooks, netbooks, servers, multimedia devices, wireless solutions, networking devices, tablets, smartphones and wearables. Driven by innovation and committed to quality, ASUS won 4,326 awards in 2014 and is widely credited with revolutionizing the PC industry with its Eee PC™. ASUS has more than 16,000 employees around the globe with a world-class R&D team of 5,200 engineers. Company revenue for 2014 was approximately US$14.5 billion.

About Microsoft Technology Licensing

Microsoft Technology Licensing LLC was formed in 2014 to acquire, manage and license Microsoft's patent portfolio.

About Microsoft

Microsoft (Nasdaq "MSFT" @microsoft) is the leading platform and productivity company for the mobile-first, cloud-first world, and its mission is to empower every person and every organization on the planet to achieve more.

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/microsoft-asus-broaden-patent-licensing-engagement-300153014.html

SOURCE Microsoft Corp.

Copyright 2015 PR Newswire

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