Sunday, 23 February 2014

Microsoft Signs Agreement With Hop-On


Microsoft
Microsoft has signed its twenty-second license agreement for the use of patents related to Android and Chrome OS with “Hop-on” the original equipment and design manufacturer of American electronics. As usual, the amount of royalties paid and other terms remains confidential.

After Voxx Electronics last week, Microsoft announced a new licensing agreement relating to the exploitation of its portfolio of patents related to Android and Chrome OS two days before. The new licensee is Hop-on; they are one of the manufactures of Smartphones, tablets, e-readers, set- top boxes and televisions.

Financial terms of the agreement were, as usual, not disclosed, but Microsoft states that they will receive royalties. “The license is an effective way to share technology and rely on each other's work to provide valuable products for consumers," said Horacio Gutierrez, Assistant Vice- President and General Counsel in charge of innovation and intellectual property at Microsoft. This agreement is the twenty- second of its kind for this Redmond Company.

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