LIBERTYVILLE, Ill. and BEAVERTON, Ore., Dec. 12, 2011 /PRNewswire/ -- Motorola Mobility, Inc. (NYSE:MMI), VTech Communications, Inc. and VTech Telecommunications Ltd. today announced that the companies have expanded their business relationship, which includes patent licensing, trademark licensing and technology licensing. Motorola Mobility and VTech have updated the companies' existing intellectual property licensing arrangement covering Motorola Mobility's Wi-Fi, video and cordless phone patent portfolios. The terms of the agreement are confidential.
"We are pleased to collaborate with VTech in providing Motorola Mobility's industry-leading technology, and are confident this agreement will help foster continued innovation and technological advancement for the cordless phone industry," said Kirk Dailey, corporate vice president of intellectual property, Motorola Mobility. "Motorola's intellectual property portfolio covers many diverse technologies within the consumer electronics industry and we are committed to licensing our technology for the benefit of our licensees, customers, partners, and shareholders."
"This new technical collaboration with Motorola Mobility allows VTech to continue its tradition in developing the most innovative range of corded and cordless phones for our markets worldwide," said C.H. Tong, president of VTech Telecommunications Ltd.
About Motorola Mobility
Motorola Mobility, Inc. (NYSE:MMI) fuses innovative technology with human insights to create experiences that simplify, connect and enrich people's lives. Our portfolio includes converged mobile devices such as smartphones and tablets; wireless accessories; end-to-end video and data delivery; and management solutions, including set-tops and data-access devices. For more information, visit motorola.com/mobility.
About VTech
VTech is the world's largest manufacturer of cordless telephones and a leading supplier of electronic learning products. It also provides highly sought-after contract manufacturing services. Founded in 1976, the Group's mission is to be the most cost effective designer and manufacturer of innovative, high quality consumer electronics products and to distribute them to markets worldwide in the most efficient manner.
For further information on VTech and its array of telecommunication products, please visit www.vtechphones.com.
Media Contacts |
Media Contacts |
Christa Smith |
Grace Pang |
Motorola Mobility |
VTech Holdings Ltd. |
858-404-2990 |
+852 2680 1000 |
SOURCE Motorola Mobility, Inc.
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