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Related Patent News Intergraph Reaches Patent Agreement With Sony
HUNTSVILLE, AL - Intergraph Corporation (NASDAQ: INGR), a leading global provider of spatial information management (SIM) software, announced a patent license agreement between Intergraph's intellectual property subsidiary and Sony Corporation of Japan. Under the terms of the agreement, Sony will make a one-time, up-front royalty payment of $15 million. Intergraph expects to record after-tax intellectual property income from this agreement of approximately $8.6 million, net of all fees, expenses and estimated taxes, in the first quarter of 2006. As a result of the patent license agreement, Sony will obtain a fully paid-up worldwide license to Intergraph’s patent portfolio, and Intergraph will obtain an option to license certain Sony patents on royalty-bearing terms. Commenting on the settlement, Intergraph CEO & President Halsey Wise said, “We are pleased to have reached a licensing agreement with Sony. This license with Sony demonstrates our continued commitment to enforce and realize valu Call Our Toll Free: (888) 275-2757 or Contact Us Online For a No-Obligation Consultation Bookmark:
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Serial Number
Definition: A number assigned to a patent application when it is filed. A serial number is usually used together with a two digit series code to distinguish between applications filed at different times. PCT Definition: Patent Cooperation Treaty - provides a mechanism by which an applicant can file a single application that, when certain requirements have been fulfilled, is equivalent to a regular national filing in each designated Contracting State. |
• ABF Secures U.S. Patent For Electronic Shipment Planner Interface • Entelos Announces U.S. Patent For The Development • Uspto Partners With Open Source Community To Expand Patent Examiner Access To Software Code
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