KYOTO, Japan and REDMOND, Wash., July 2, 2015 /PRNewswire/ -- Today Kyocera Corporation and Microsoft Corp. announced they have signed an agreement expanding on a prior patent licensing arrangement. The new agreement enables the companies to use a broader range of each other's technologies in their respective products through a patent cross-license.
In addition to strengthening the partnership between the two companies, it also resolves a patent infringement lawsuit brought earlier this year in U.S. District Court. The remaining details of the agreement are confidential.
Kyocera Corporation (NYSE:KYO)(TOKYO:6971), the parent and global headquarters of the Kyocera Group, was founded in 1959 as a producer of fine ceramics (also known as "advanced ceramics"). By combining these engineered materials with metals and integrating them with other technologies, Kyocera has become a leading supplier of electronic components, printers, copiers, solar power generating systems, mobile phones, semiconductor packages, cutting tools and industrial ceramics. During the year ended March 31, 2015, the company's net sales totaled 1.53 trillion yen (approx. USD12.7 billion).
Microsoft (Nasdaq "MSFT" @microsoft) is the leading platform and productivity company for the mobile-first, cloud-first world, and its mission is to empower every person and every organization on the planet to achieve more.
SOURCE Kyocera Corporation; Microsoft Corp.