Apple reaches smartphone patent licensing deal

[wraggster]

http://www.blogcdn.com/www.engadget.com/media/2013/04/apple-logo-wall-1365606691.jpg (http://www.engadget.com/2013/04/10/apple-reaches-smartphone-patent-licensing-deal/)You can't normally read about IP and the mobile industry (http://www.engadget.com/tag/patent%20infringement/) without coming across two endlessly warring tech companies -- especially when Apple is involved (http://www.engadget.com/tag/apple,%20IP/). But today marks a different sort of patent exchange for Cupertino: a cooperative one. Japan-based Access Corporation, a mobile software provider, has agreed to license its patent portfolio -- acquired from its purchase of PalmSource (yes, that's the company behind Palm OS) -- to Apple, in a deal valued at about 1 billion Yen (roughly $10 million USD). It's not the first deal of this kind for Access' smartphone IP. Back in 2010,Microsoft entered into a similar arrangement (http://www.engadget.com/2010/10/08/microsoft-licenses-dozens-of-patents-from-access-and-acacia-in/) that gave it the rights to the same portfolio. The lesson here, kids? Money, it solves everything.

http://www.engadget.com/2013/04/10/apple-reaches-smartphone-patent-licensing-deal/