Worldwide patent license agreement for 2G, 3G, 4G products
Provider of positioning and wireless communication technologies u-blox, has announced that it has entered into a worldwide, non-exclusive, patent license agreement with KONINKLIJKE PHILIPS N.V. (Philips) covering the sale by u-blox of its 2G, 3G and 4G products for a defined term.
Thomas Seiler, CEO of u-blox, stated: “u-blox respects the intellectual property rights of others and has always been and continues to be a willing licensee to standard essential patents (SEPs). In fact, u-blox views this as a value-added differentiator that benefits u-blox customers and positively distinguishes u-blox within the module industry. u-blox remains committed to this strategy, it’s how we do business.”
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