Google has joined Asana, Canon, Dropbox, Newegg and SAP to announce the formation of the License on Transfer (LOT) Network, a cooperative patent-licensing agreement that is expected to cut down on patent troll litigation. The agreement is simple, patents of LOT network member companies cannot be used to sue other LOT network member companies even after patent transfer to other companies. The LOT agreement is a new kind of royalty-free cross-license meant to address these growing systemic problems. Member companies receive a license when the patents are transferred out of the LOT group. That means that companies retain their right to enforce a patent so long as they retain ownership of it. However, as soon as it is sold, a license to the other members becomes effective, protecting them from attacks by the troll to which the patent was sold. The agreement includes several other provisions that preserve a patent ...

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Microsoft today announced that they have signed patent licensing agreement with Canon and the deal deal will enable further collaboration on R&D. This is a cross licensing agreement as opposed to what Microsoft usually signs with Android device OEMs. Microsoft also highlighted that the deal involves certain digital imaging and mobile consumer products. Read the full press release below. REDMOND, Wash., and TOKYO —July2, 2014 —Microsoft Corp. and Canon Inc. on Wednesday broadened their strategic alliance with the announcement of a broad patent cross-licensing agreement. With this agreement, Microsoft and Canon gain licenses to each other’s highly valued and growing patent portfolios. “This collaborative approach with Canon allows us to deliver inventive technologies that benefit consumers around the world,” said Nick Psyhogeos, general manager, associate general counsel, IP Licensing of the Innovation and Intellectual Property Group at Microsoft. “Microsoft believes cooperative licensing is an effective way to accelerate innovation while ...

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