Microsoft Corp. and LG Electronics (LGE) today announced that they have entered into a patent cross-license agreement to further the development of the companies' current and future product lines. Microsoft has focused on patent agreements in the recent past to develop a best-practices model for protecting intellectual property (IP) and respecting the IP rights of others, as well as building bridges with an array of industry leaders, including consumer electronics, telecommunications and computer hardware providers.
This is partly why we desperately need to sort out the mess that is intellectual property, especially in the US.
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