Another Android Maker Velocity Micro Now In Microsoft’s IP Licensing Kitty

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After the recent patent licensing agreement with General Dynamics Itronix few days ago , Microsoft have signed a similar deal with Android device maker Velocity Micro. Velocity Micro makes Android-based Cruz™ tablet devices which will now be protected from Microsoft’s patents.

Here is the press release from Microsoft,

REDMOND, Wash. — June 29, 2011 — Microsoft Corp. and Velocity Micro, Inc., have signed a patent agreement that provides broad coverage under Microsoft’s patent portfolio for Velocity Micro Inc. Android-based devices, including Velocity Micro, Inc.’s Cruz™ Tablet. Although the contents of the agreement have not been disclosed, the parties indicate that Microsoft will receive royalties from Velocity Micro, Inc., under the agreement.

“We are pleased to have reached this agreement with Velocity Micro, Inc., to address and secure IP rights for its Android-based Cruz™ tablet devices,” said Horacio Gutierrez, corporate vice president and deputy general counsel of Intellectual Property and Licensing at Microsoft.

Randy Copeland, CEO of Velocity Micro, Inc., said, “By entering into this agreement with Microsoft, Velocity Micro, Inc., will be able to better meet the needs of our customers with the introduction of exciting new Cruz™ tablets having increased performance and functionality.”

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