Redmond’s Microsoft Corp. and Tokyo’s Nikon Corporation today announced that they have signed a patent cross-licensing agreement to further the development of each company’s current and future product lines.
The agreement covers digital cameras made by Nikon as well as a broad range of other consumer products each company manufactures and sells. The agreement was signed by representatives from both companies at Microsoft’s Headquarters in Redmond, Washington.
Microsoft and Nikon have a long history of collaborating to bring high quality and cutting edge consumer products to the market, including wireless camera and RAW processing technologies. The companies believe that this patent cross license agreement will have substantial benefits for consumers and customers of consumer products including digital cameras. Both parties will be able to innovate openly with each others’ technologies, enabling new features and products to come to market.
“This agreement will extend and enhance our already successful, long standing collaboration with Nikon, and will allow us to provide even better products to our customers†said Josh Weisberg, Director of the Rich Media Group at Microsoft.
[Via: Nikon]