Microsoft Technology Licensing LLC announced a new collaborative patent licensing agreement with GoPro Inc. for certain file storage and other system technologies.
“This agreement with GoPro shows the incredible breadth of technology sharing enabled through patent transactions,” said Nick Psyhogeos, president of Microsoft Technology Licensing. “Microsoft’s licensing of personal wearable technologies is seeing strong demand as we partner with companies from all industries to optimize solutions for their customers around the globe.”
The terms of the agreement are confidential.
Microsoft’s commitment to licensing IP
The patent agreement 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.