Motorola and Opticon Settle on Cross Licensing Agreement
Mon, 05/03/2010 - 10:19am
SCHAUMBURG, Ill., /PRNewswire-FirstCall/ -- Motorola, Inc.and OPTO Electronics Co. Ltd. of Japan ("Opticon") today announced a cross license agreement settling all outstanding intellectual property disputes between the two companies and their subsidiaries, including Motorola's subsidiary, Symbol Technologies, Inc., and Opticon's subsidiaries, Opticon, Inc. in the U.S. and Opticon Sensors Europe BV. Under the cross license agreement, Opticon has taken a royalty bearing license to Motorola's patents in the fields of laser based barcode scanning, imaging based barcode scanning and mobile computing. The specific terms of the settlement are confidential.