Toshiba, Microsoft reach comprehensive cross-licensing pact.

From: Kyodo News International (Tokyo, Japan) | Date: May 13, 2005 | Copyright information

May 13--TOKYO -- Japanese electronics maker Toshiba Corp. and U.S. software giant Microsoft Corp. have signed a comprehensive cross-licensing agreement for mutual use of patents, informed sources said Friday.

The deal will allow the two companies to save time and costs for developing digital consumer electronics, without negotiating and concluding a license contract for each patent.

Toshiba and Microsoft intend to take advantage of the pact for accelerating the development of flat-screen televisions, DVD recorders and players, personal computers and other digital consumer ...

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