September 25, 2007
Microsoft Corp.
KENWOOD Corporation |
| Announcement |
Microsoft and KENWOOD Enter into Broad Patent Licensing Agreement to Foster Further Innovation and Collaboration
Includes car navigation systems, home entertainment systems, consumer electronics,
and softwareWill benefit customers, consumers and the overall IT ecosystem |
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| REDMOND, WA - September 24, 2007 – |
Microsoft Corp. and KENWOOD Corporation announced today they have signed a patent cross license agreement to further the development of each company’s current and future product lines, which will further technological innovation and enhance overall customer and consumer experience.
The agreement, recently signed by representatives of both companies at Microsoft’s Headquarters in Redmond, Washington, expands the relationship between Microsoft and KENWOOD to promote the exchange of information and the incorporation of patented technologies in car navigation systems and other consumer electronics products.
“This agreement is an example of how industry leaders can use intellectual property licensing as a means of collaboration to foster innovation that will benefit the customer, consumer and the overall IT ecosystem,” said Horacio Gutierrez, Vice President, Intellectual Property and Licensing at Microsoft. “We are proud of the quality of our broad global patent portfolio and look forward to continuing to work with KENWOOD and other industry leaders to develop new and exciting technologies through our licensing program.”
“This agreement expands the scope of collaborative relations between the two parties” said Kazuo Ishiguro, Vice President Intellectual “We expect this will accelerate product development by sharing the technologies that Microsoft and KENWOOD have developed. It also provides an environment for our customers to utilize the products and services provided by both companies.” |
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| About KENWOOD |
| KENWOOD, founded in 1946, has been a global leader in the business domains of sound and wireless communication. With 11 domestic and 25 overseas subsidiaries around the world, KENWOOD is aiming to become a world-leading company in the field of Mobile & Home Multimedia Systems through efforts to expand and combine its core businesses of the car electronics, home electronics and communications equipment under the new corporate vision – “Reaching out to discover, inspire and enhance the enjoyment of life.” |
| About Microsoft |
Founded in 1975, Microsoft (Nasdaq “MSFT”) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
Microsoft is a trademark of the Microsoft group of companies.
The names of actual companies and products mentioned herein may be the trademarks of their respective owners. |
| KENWOOD Group is "Reaching out to discover, inspire and enhance the enjoyment of life" as part of its bold, new vision for the future. As a leader in the field of "Mobile & Home Multimedia Systems", KENWOOD is comprised of three businesses (Car Electronics, Communications Equipment and Home Electronics), 11 domestic and 25 overseas subsidiaries around the world. |
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