Microsoft and Google reach a truce over patents and jointly ends ~20 lawsuits

[wickedplayer494]

[url]http://www.bloomberg.com/news/articles/2015-09-30/google-microsoft-resolve-global-patent-fight-over-phones-xbox[/url]

[quote=Bloomberg]Google Inc. and Microsoft Corp. have agreed to end their long-running patent feud over smartphones and video game systems, dropping about 20 lawsuits in the U.S. and Germany.

The two companies, which didn’t disclose financial terms, have been litigating over technology innovations for five years. Google’s former Motorola Mobility unit had been demanding royalties on the Xbox video-gaming system, and Microsoft had sought to block Motorola mobile phones from using certain features.

The companies pledged in a statement to work together in other ways related to intellectual property, including development of a royalty-free, video-compression technology to speed downloads, in an initiative that also involves Amazon.com Inc. and Netflix Inc. They will also lobby for specific rules on a unified patent system throughout Europe.[/quote]

[.𓃉𓁿𓂎𓁿𓃉.]

[QUOTE]royalty-free, video-compression technology to speed downloads, [/QUOTE]

this could be interesting