Microsoft, Intertrust Settle Outstanding Litigation and License Intellectual Property

Summary

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SANTA CLARA, Calif., April 12 /U.S. Newswire/ -- Microsoft Corp. and InterTrust Technologies Corp. today announced that Microsoft has taken a comprehensive license to InterTrust's patent portfolio for a one-time payment of $440 million. The agreement resolves all outstanding litigation between the two companies. InterTrust receives rights under Microsoft patents to design and publish InterTrust reference technology specifications related to digital rights management (DRM) and security. Microsoft and InterTrust believe this agreement will accelerate adoption and development of DRM technologies.

"Licensing InterTrust's patent portfolio reaffirms Microsoft's commitment to the importance of intellectual property rights as well as our commitment to our customers to stand behind our products in these emerging technology areas," said Marshall Phelps, deputy general counsel and corporate vice president of intellectual property at Microsoft. "One of our goals with this and our broader intellectual property (IP) licensing program is to provide peace of mind for our customers and partners by letting them know that patent licensing is our responsibility. Doing an effective job at managing the IP in our software differentiates our products and builds confidence that Microsoft has the rights necessary to build innovative solutions."

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Microsoft, Intertrust Settle Outstanding Litigation and License Intellectual Property

"Today's announcement validates InterTrust's intellectual property portfolio as seminal to advancing DRM and trusted computing in the marketplace," said Talal Shamoon, CEO of InterTrust. "InterTrust will continue ...

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