Motorola and Opticon Settle on Cross Licensing Agreement
SCHAUMBURG, Ill., April 30 /PRNewswire-FirstCall/ -- Motorola, Inc.(NYSE: MOT) and OPTO Electronics Co. Ltd. of Japan ("Opticon") today announced a cross license agreement settling all outstanding intellectual property disputes between the two companies and their subsidiaries, including Motorola's subsidiary, Symbol Technologies, Inc., and Opticon's subsidiaries, Opticon, Inc. in the U.S. and Opticon Sensors Europe BV. Under the cross license agreement, Opticon has taken a royalty bearing license to Motorola's patents in the fields of laser based barcode scanning, imaging based barcode scanning and mobile computing. The specific terms of the settlement are confidential.
About Motorola
Motorola is known around the world for innovation in communications and focused on advancing the way the world connects. From broadband communications infrastructure, enterprise mobility and public safety solutions to high-definition video and mobile devices, Motorola is leading the next wave of innovations that enable people, enterprises and governments to be more connected and more mobile. Motorola (NYSE: MOT) had sales of US $22 billion in 2009. For more information, please visit www.motorola.com.
Media Contact: |
|
Kelly Harder |
|
+1 312-209-0123 |
|
Motorola, Inc. |
|
SOURCE Motorola, Inc.
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article