Microsoft announces renewal of patent cross-licensing agreement with Funai Electric

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Microsoft today announced that they are renewing the patent cross-licensing agreement covering a range of consumer audio-video products with Funai Electric. Funai Electric is a leading manufacturer under FUNAI and other multiple brands including Philips, Magnavox, DX Broadtec, Emerson, Sanyo and Kodak.

“Microsoft and Funai Electric will continue to benefit from each other’s innovations in building enhanced experiences for our customers,” said Nick Psyhogeos, president of Microsoft Technology Licensing. “This cross-licensing agreement is another example of the advantages of an IP-led economy, encouraging product interoperability and accelerating research and development advances across companies.”

Joji Okada, officer of intellectual property (IP) licensing of Funai Electric, said, “Cross-licensing partnerships foster better collaboration and technology sharing. We see an enduring value in continuing to work with Microsoft that is mutually beneficial to all of our customers.”

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