Microsoft, Rakuten Licensing Agreement

 

Microsoft Technology Licensing LLC and Rakuten Inc. on Wednesday signed a worldwide patent cross-licensing agreement covering each company’s respective consumer electronics products, including Linux and Android-based devices.

Microsoft Technology Licensing LLC was formed in 2014 to acquire, manage and license Microsoft’s (NASDAQ: MSFT) patent portfolio.

The patent agreement — terms of which are confidential — is another example of the important role intellectual property (IP) plays in ensuring a healthy and vibrant technology ecosystem. Since Microsoft launched its IP licensing program in December 2003, it has entered into more than 1,200 licensing agreements.

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