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Samsung, Microsoft Ink License Pact

19 Apr, 2007 By: Erik Gruenwedel

Seeking to expedite product development in the trendy consumer electronics market, South Korean Samsung Electronics and Microsoft Corp. April 19 announced they have entered into a license agreement. The deal, which includes splitting undisclosed royalty payments for past and future innovations, involves a host of digital media devices, not excluding next-generation optical media players. Last week, Samsung, ardent supporter of Blu-ray Disc, announced plans for a dual format player with HD DVD, whose backers include Microsoft.

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