14 DAY TRIAL // Microsoft has recently announced the signing of a new Android patent deal that would boost its profit without doing basically anything.
This time, the Redmond-based software giant has reached a deal with Voxx Electronics Corp. (formerly Audiovox Electronics Corp.), as the company wants to use Microsoft’s patents for technologies used on “rear-seat entertainment devices, tablets and other consumer devices.”
“Microsoft and Voxx Electronics have a history of collaboration, and this agreement further demonstrates the value both companies place on responsible intellectual property licensing,” said Nick Psyhogeos, associate general counsel, IP licensing of the Innovation and Intellectual Property Group at Microsoft. “Licensing agreements are an effective way to share technology and accelerate innovation.”
Microsoft has signed similar agreements with quite a lot of large companies out there, including Samsung, LG, HTC, and Acer.