Microsoft Settles with InterTrust
A deal that calls for Microsoft to pay $440 million for a license to the multimedia anti-piracy company's patent portfolio also resolves all outstanding litigation between the two.Microsoft Corp. on Monday will announce that it has settled another outstanding lawsuit: It will pay multimedia anti-piracy company InterTrust Technologies Corp. a one-time payment of $440 million for a comprehensive license to InterTrusts patent portfolio in an agreement that also resolves all outstanding litigation between the two companies. In addition, the agreement allows Microsoft to accelerate the development and promotion of digital rights management solutions. As part of the agreement, InterTrust, of Santa Clara, Calif., also receives rights under Microsoft patents to design and publish InterTrust reference technology specifications related to DRM (digital rights management) and security. Marshall Phelps, deputy general counsel and corporate vice president of intellectual property at Microsoft, said in a statement, seen by eWEEK on Sunday night, that the licensing of InterTrusts patent portfolio "reaffirms Microsofts 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.
"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," he said.