RIM (RIMM) Enters Agreement to License exFAT from Microsoft (MSFT)
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Overall Analyst Rating:
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Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 2.7%
Revenue Growth %: +17.7%
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Microsoft Corp. (Nasdaq: MSFT) announced today that Microsoft and Research In Motion (Nasdaq: RIMM) have signed a patent licensing agreement that gives RIM broad access to the latest Extended File Allocation Table (exFAT) for certain BlackBerry devices of RIM. exFAT is a modern file system from Microsoft that facilitates large files for audiovisual media and enables seamless data portability and an easy interchange between desktop PCs and other electronic devices.
exFAT improves on its predecessor, the FAT system, and greatly expands the size of files that flash memory devices can handle by five times over previous FAT technology. It also increases the speed with which those files can be accessed. The exFAT file system not only facilitates large files for use of audiovisual media, it enables seamless data portability and an easy interchange between desktop PCs and a variety of electronic devices.
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exFAT improves on its predecessor, the FAT system, and greatly expands the size of files that flash memory devices can handle by five times over previous FAT technology. It also increases the speed with which those files can be accessed. The exFAT file system not only facilitates large files for use of audiovisual media, it enables seamless data portability and an easy interchange between desktop PCs and a variety of electronic devices.
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