Microsoft (MSFT) and Nikon Sign Android Patent Agreement
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NEUTRAL (= Flat)
Dividend Yield: 2.7%
EPS Growth %: +20.0%
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Microsoft Corp. (Nasdaq: MSFT) and Nikon Corporation have signed a patent licensing agreement that provides broad coverage under Microsoft's patent portfolio for certain Nikon cameras running the Android platform. While the contents of the agreement will not be disclosed, Microsoft will receive royalties from Nikon.
"Microsoft and Nikon have a long history of collaboration, and this agreement further demonstrates the value that both companies place on responsible IP licensing," said David Kaefer, general manager of Intellectual Property (IP) Licensing at Microsoft. "Microsoft is proud to align with a leader in the digital camera industry to license Android technology for the benefit of Nikon's customers."
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"Microsoft and Nikon have a long history of collaboration, and this agreement further demonstrates the value that both companies place on responsible IP licensing," said David Kaefer, general manager of Intellectual Property (IP) Licensing at Microsoft. "Microsoft is proud to align with a leader in the digital camera industry to license Android technology for the benefit of Nikon's customers."
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