Apple reaches smartphone patent licensing deal, agrees to pay Japanese company $10 million for rights

<div dir="rtl" style="text-align: right;" trbidi="on"><div class="copy post-body" dir="ltr" itemprop="text" style="text-align: left;"> <div class="image-container" style="text-align: center;"> <img alt="Apple reaches smartphone patent licensing deal, agrees to pay Japanese company $10 million for rights" data-src-height="412" data-src-width="619" src="http://www.blogcdn.com/www.engadget.com/media/2013/04/apple-logo-wall-1365606691.jpg" /></div>You can't normally read about IP and the mobile industry without coming across two endlessly warring tech companies -- especially when Apple is involved. 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 that gave it the rights to the same portfolio. The lesson here, kids? Money, it solves <em>everything</em>.<br /> </div></div>

Apple reaches smartphone patent licensing deal, agrees to pay Japanese company $10 million for rights

You can't normally read about IP and the mobile industry without coming across two endlessly warring tech companies -- especially when...

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