Microsoft Corp and South Korea's LG Electronics (LGE) said on June 7 that they have reached a patent cross-licensing agreement aimed at further developing each other's current and future products. LGE will be able to use Microsoft's patented innovations in its products, including Linux-based embedded devices, the two companies said in a statement.
Microsoft will in turn have access to LGE's patents and will license other patents developed by LGE that are now owned by business solutions provider MicroConnect Group.