Microsoft and HTC have signed a patent agreement that provides broad coverage under Microsoft's patent portfolio for HTC's mobile phones running the Android mobile platform. These include the Droid Eris, HTC Hero, my Touch 3G and GI products.
Specific terms of the agreement including financial details remain confidential. Under the terms of the agreement, Microsoft will receive royalties from HTC. Wow!
The agreement expands HTC's long-standing business relationship with Microsoft.
?HTC and Microsoft have a long history of technical and commercial collaboration, and today?s agreement is an example of how industry leaders can reach commercial arrangements that address intellectual property,? said Horacio Gutierrez, corporate vice president and deputy general counsel of Intellectual Property and Licensing at Microsoft. ?We are pleased to continue our collaboration with HTC.?