August 7, 2011

Samsung licenses patents from Myhrvold's Intellectual Ventures

Samsung licenses patents from Myhrvold's Intellectual Ventures:
Samsung Electronics has struck a long-term licensing deal with Intellectual Ventures, giving the South Korean electronics giant rights to the technology patents held by the Bellevue-based firm run by Nathan Myhrvold, the former Microsoft chief technology officer.
No financial terms were disclosed as part of the announcement. The deal 'grants Samsung access to a broad and comprehensive IP portfolio under terms attractive to Samsung,' said Dr. Seungho Ahn, a Samsung Electronics senior vice president, in the news release.

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