Multi-Year License Agreement

InterDigital, Inca wireless research and Development Company recently announced that the company’s patent licensing subsidiaries have entered into a patent license agreement with Samsung Electronics Co., Ltd.  The royalty-bearing license agreement sets forth terms covering the sale by Samsung of 3G, 4G and certain future generation wireless products. “We are very happy to have resolved the…

Basics of Intellectual Property Licensing

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…