MOSAID Grants First Microcomponent Patent Portfolio Sub-license to Panasonic Corporation

OTTAWA, Ontario – November 04, 2008 – MOSAID Technologies Inc. (TSX:MSD) today announced that Panasonic Corporation of Osaka, Japan, is the first company to license a significant portfolio of microcomponent patents to which MOSAID has exclusive licensing rights.

Under the terms of the patent portfolio license agreement, Panasonic has been granted a 10-year term license under the exclusively licensed patents, as well as MOSAID's own patents, for all application specific and microcomponent semiconductor products sold globally under Panasonic's brand name. Financial details of the agreement are confidential.

As announced on May 8, 2007, MOSAID has obtained the exclusive rights to sub-license a major portfolio of 50 U.S. patents and their corresponding foreign counterparts. The patents relate primarily to microcomponents, and include digital signal processors (DSPs), microcontrollers and microprocessors, application specific integrated circuits (ASICs) and application specific standard products (ASSPs).

"Our first license based on this portfolio was reached 18 months after obtaining the exclusive licensing rights, ahead of the usual schedule for a new licensing program," said John Lindgren, President and Chief Executive Officer, MOSAID. "This agreement demonstrates the success of a key element of our growth strategy, which is to pursue new initiatives that provide access to diverse technology markets."

"We are pleased that Panasonic, a leader in high-performance microprocessors, DSPs and ASICs for consumer applications, recognized the value in licensing MOSAID's patent portfolio, including the exclusively licensed microcomponent patents," said Michael Vladescu, Vice President, Licensing and Intellectual Property, MOSAID. "Going forward, we anticipate that many other global companies will also see the benefit of licensing this important portfolio of intellectual property."

About MOSAID

MOSAID Technologies Inc. is one of the world’s leading intellectual property companies. MOSAID develops semiconductor memory technology and licenses patented intellectual property in the areas of semiconductors, and wired and wireless communications systems. MOSAID counts many of the world's largest semiconductor companies among its customers. Founded in 1975, MOSAID is based in Ottawa, Ontario. For more information, visit www.mosaid.com.



Contact:

Investor Inquiries
Michael Salter
Director, Corporate Communications
Tel.: 613-599-9539 ext 1205
E-mail: Email Contact




Review Article Be the first to review this article
Aldec

New Customer Special

Featured Video
Latest Blog Posts
Colin WallsEmbedded Software
by Colin Walls
Time for a new programming paradigm?
Anupam BakshiAgnisys Automation Review
by Anupam Bakshi
Automatic Handling of Register Clock Domain Crossings
Modesto (Mo) CasasGlobal Business in EDA
by Modesto (Mo) Casas
Globalizing Sales in a COVID-19 Environment
Jobs
Graduate Hardware Engineer for arm at Austin, Texas
Product Line Manager for EDA Careers at Multiple, North Carolina
Senior Application Engineer Formal Verification for EDA Careers at San Jose and Austin, California
Upcoming Events
DVCon Europe 2020 Virtual at Germany - Oct 27 - 28, 2020
SystemC Evolution Day at Germany - Oct 29, 2020
2020 International Conference On Computer Aided Design at San Diego Mission Bay Resort San Diego CA - Nov 2 - 5, 2020
TrueCircuits:



© 2020 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise