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Microsoft and HP Renew Patent Cross-License Agreement

Posted on: Wednesday, 20 May 2009, 08:00 CDT

Third agreement between companies extends their long-standing relationship.

REDMOND, Wash., May 20 /PRNewswire-FirstCall/ -- Microsoft Corp. (Nasdaq: MSFT) and HP (NYSE: HPQ) have renewed a patent cross-license agreement to further the development of each company's research and development (R&D) efforts and expand technological innovation to enhance the overall customer experience.

(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)

The agreement covers a broad range of products and provides each company greater access to the other's patent portfolio. The terms of the agreement are not being disclosed.

Patent cross-licensing clears the way for companies to create stronger partnerships and innovate in a more open environment that is good for business and that ultimately benefits customers and end users. This agreement is a demonstration of both companies' commitments to making their intellectual property more readily available to their business partners and the technology industry at large. Additionally, it serves as a testament to the innovation taking place at the companies and the strength and breadth of their patent portfolios, which are among the largest and highest-quality in the world.

About HP

HP, the world's largest technology company, simplifies the technology experience for consumers and businesses with a portfolio that spans printing, personal computing, software, services and IT infrastructure. More information about HP (NYSE: HPQ) is available at http://www.hp.com.

About Microsoft

Founded in 1975, Microsoft (Nasdaq: MSFT) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

SOURCE Microsoft Corp.

Source: PR Newswire

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