Chipmaker Qualcomm Inc marked a permitting agreement with Xiaomi Technology Co Ltd [XTC.UL] that permits the Chinese mobile phone producer to utilize its licenses to make and offer 3G and 4G gadgets. Xiaomi has delighted in a fast ascent with handsets it touts as less expensive yet all around planned distinct options for Apple Inc’s…
Most of our daily lives are governed by technological devices – smartphone operating over 3G/4G networks, computers using WiFi, or even the now ubiquitous ear buds playing music from MP3 devices. To function, however, the technology in each component has to work together. That means the devices typically need to comply with standards, i.e., protocols…
Top intellectual property licensing company, WiLAN (WIN) recently announced that the company has entered into a succeeding patent assignment agreement (“Agreement”) with Panasonic Corporation (“Panasonic”). Resources say that under the Agreement, Panasonic will assign, to a wholly-owned subsidiary of WiLAN, all rights and title to certain patents related to vending machine systems. However, all terms…
Where there are companies which struggles to monopolize the market with their inventions and their IP assets, there is Arvind Sanjeev from Kochi who did something out of the box. This 23 year old Sanjeev designed a replica of Google Glass in less than a month for just Rs. 4500, Credits to Arduino an open-source electronics…
Tesla Motors, America’s leading Manufacturer of electric cars has taken a curious step of an “open source” approach for its technology patents, to encourage development of electric cars. This step was taken with an intension to attract and motivate talented employees and to accelerate the mass market advancements of electric cars for sustainable transport. Tesla…
The GNU General Public License (GPL) is one of the most commonly used open source license. The GPL ensures that the software is free for all its users and it allows further distribution and modification of the software. The GPL was first drafted by Richard Stallman of the Free Software Foundation (FSF). The preamble of…
Eclipse Public License (hereinafter EPL) is a type of Open Source Software license and is approved by the Open Source Initiative. The EPL replaces the Common Public License (hereinafter CPL). IBM was the Agreement Steward for the Common Public License. The EPL changes the Agreement Stewart, IBM to the Eclipse Foundation. The license is used…
Copyleft is a play on the word copyright. Unlike copyright law that prohibits unauthorized reproduction, adaptation and distribution of an author’s work, copyleft licenses grant the freedom to reproduce, adapt, modify or distribute the work as long as any resulting copies, modifications or adaptations are also distributed under the same terms. The concept fosters open…
In Continuation with my previous blog entry. Every License Agreement should contain a framework which provides support for other clauses or systems of clauses in the License Agreement. An IP License Agreement typically has the following clauses: Identification of the Parties Recital Clause Definition Clause Grant Clause Intellectual Property (IP) Rights Clause: Consideration Clause Obligations…
A License Agreement is a relationship of co-operation between parties whereby one party, the licensor, the possessor of IP assets Permits the licensee to use his intellectual assets in return for a specific compensation. A license agreement should reflect the goal of both the parties’ involved and should be structured in such a way that…
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