Business News for Bellevue and the Eastside of Lake Washington

Patent Agreement Announced by Microsoft and Fuji Xerox

Microsoft logoIt’s really great to see such great partnerships between high-tech leaders. It will be very interesting to see what types of technological advancements will come from this.

Fuji Xerox Co. Ltd. and Microsoft Technology Licensing LLC announced on Thursday a broad patent cross-licensing agreement. Building on a 2007 cross-licensing agreement, today’s agreement ensures that Microsoft and Fuji Xerox continue to benefit from access to each other’s substantial and valuable patent portfolios and accelerate research and development.

“Today’s agreement demonstrates the power of patent licensing to stimulate engagement and innovation,” said Nick Psyhogeos, vice president and executive director of Microsoft Technology Licensing. “This expanded deal between our companies demonstrates that the opportunities for collaboration across our mutual technologies and intellectual property assets continue to grow. We look forward to further strengthening our partnership with Fuji Xerox in the years ahead.”

This agreement covers a broad range of products and services offered by Microsoft and Fuji Xerox, including digital imaging, document management and mobile consumer products. Microsoft and Fuji Xerox have a long history of working together to bring high-quality, cutting-edge products to consumers. Contents of the agreement will not be disclosed.

“We are pleased to continue our mutually beneficial patent agreement that respects each company’s innovations and intellectual property, encourages greater interoperability, and provides valuable protections for consumers,” said Yasuaki Onishi, corporate vice president of Fuji Xerox.

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, the company has entered into more than 1,100 licensing agreements. More information about Microsoft Technology Licensing’s programs is available athttp://www.microsoft.com/iplicensing.

About Fuji Xerox

Founded in 1962, Fuji Xerox Co., Ltd. is in the Document Services & Communications field, offering solutions and services to help customers resolve their business challenges. Underlying their solutions and services are their world-class office multi-function devices, printers and production printers that we develop and manufacture for worldwide distribution. Together with cloud and mobile solutions, Fuji Xerox builds a communications environment that enable their customers to access the right information, at the right time, and in the right form — thereby contributing to their valuable communications.

Fuji Xerox is a 75-25 joint venture between FUJIFILM Holdings Corporation and Xerox Corporation, and its direct sales force covers Japan and the Asia-Pacific region including China. We employ approximately 45,000 people globally, with more than 80 domestic and overseas affiliates / sales subsidiaries. http://www.fujixerox.com/

About Microsoft Technology Licensing

Microsoft Technology Licensing LLC was formed in 2014 to acquire, manage and license Microsoft’s patent portfolio.

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