Wednesday, February 27, 2008

Level 3 and IBM Announce Patent Cross-License

Level 3 Communications and IBM announced a long-term patent cross-license agreement.


Under the deal, IBM granted Level 3 licenses to IBM's approximately 42,000 pending and issued patents which cover a broad range of telecommunications services and technologies. In turn, Level 3 granted IBM licenses to those of Level 3's more than 850 pending and issued patents which cover a broad range of information handling systems. The licenses will last as long as the lives of the respective patents. Other terms of the cross-license agreement were not disclosed.http://www.level3.comhttp://www.ibm.com

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