Microsoft, Samsung sign broad patent pact

By : |April 18, 2007 0

NEW YORK:  Microsoft Corp. and Samsung Electronics Co. Ltd. said on Thursday they have agreed to a broad technology patent pact to develop future products.

Financial terms were not disclosed, but the companies said they will both receive monetary payments compensating them for the patent usage.

The companies said the deal would help speed up development of new products including digital media players, televisions and computer-related devices.

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