According to an article on Information Week
New agreement means Redmond now gets revenue from 70% of all Google-based smartphones sold in the U.S.
Microsoft is making some smart moves in the mobile space and i would really like to see how much revenue they get from Android and Apple.
Here is an excerpt from the article:
Microsoft said Thursday that it has reached a deal with LG under which the South Korean electronics manufacturer will pay license fees in exchange for Microsoft’s pledge not to sue it for using Google’s Android and Chrome OS software in its products.
Financial details of the agreement were not revealed. Microsoft has long maintained that certain components of Android and Chrome OS violate its patents, and has struck licensing deals with numerous vendors that use the Google mobile and desktop software in their gadgets.
“We are pleased to have built upon our longstanding relationship with LG to reach a mutually beneficial agreement,” said Microsoft deputy general counsel Horacio Gutierrez, in a statement.
Microsoft said the deal with LG means that 70% of Android-based smartphones sold in the U.S. are now covered by its licensing program. “We are proud of the continued success of our program in resolving the IP issues surrounding Android and Chrome OS,” said Gutierrez.
Microsoft launched its IP licensing program in 2003, and to date has struck more than 1,100 deals. Other companies that are paying Microsoft for the right to use Android or Chrome in their products without fear of a lawsuit from Redmond include HTC, Samsung, and Acer.