Microsoft and LG Electronics Announce Broad Patent Licensing Agreement

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Microsoft Corp. and LG Electronics (LGE) today announced that they have entered into a patent cross-license agreement to further development of the companiesâ?? current and future product lines. Microsoft has focused on patent agreements in the recent past to develop a best practices model for protecting intellectual property (IP) and respecting IP rights of others as well as building bridges with an array of industry leaders, including consumer electronics, telecommunications and computer hardwa..

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