The FINANCIAL -- Fuji Xerox Co. Ltd. and Microsoft Technology Licensing LLC announced on March 19 a broad patent cross-licensing agreement. Building on a 2007 cross-licensing agreement, today’s agreement ensures that Microsoft and Fuji Xerox continue to benefit from access to each other’s substantial and valuable patent portfolios and accelerate research and development.
“Today’s agreement demonstrates the power of patent licensing to stimulate engagement and innovation,” said Nick Psyhogeos, vice president and executive director of Microsoft Technology Licensing. “This expanded deal between our companies demonstrates that the opportunities for collaboration across our mutual technologies and intellectual property assets continue to grow. We look forward to further strengthening our partnership with Fuji Xerox in the years ahead.”
This agreement covers a broad range of products and services offered by Microsoft and Fuji Xerox, including digital imaging, document management and mobile consumer products. Microsoft and Fuji Xerox have a long history of working together to bring high-quality, cutting-edge products to consumers. Contents of the agreement will not be disclosed, Microsoft said.
“We are pleased to continue our mutually beneficial patent agreement that respects each company’s innovations and intellectual property, encourages greater interoperability, and provides valuable protections for consumers,” said Yasuaki Onishi, corporate vice president of Fuji Xerox.