Tuesday, September 18, 2012

RIM Shares Boosted By Microsoft Corporation (NASDAQ:MSFT) New Agreement

Today Research In Motion Limited (USA)(NASDAQ:RIMM) and Microsoft Corporation(NASDAQ:MSFT) signed a patent licensing agreement that gives Research In Motion broad access to the latest Extended File Allocation Table for certain BlackBerry devices of Research In Motion, announced Microsoft Corp. Extended File Allocation Table (exFAT) is a modern file system from Microsoft that facilitates large files for audiovisual media and enables seamless data portability and an easy interchange between desktop PCs and other electronic devices.

“Today’s smartphones and tablets require the capacity to display richer images and data than traditional cellular phones,” said David Kaefer, general manager of Intellectual Property (IP) Licensing at Microsoft. “This agreement with RIM highlights how a modern file system, such as exFAT can help directly address the specific needs of customers in the mobile industry.”

The Extended File Allocation Table file system not only facilitates large files for use of audiovisual media, it enables seamless data portability and an easy interchange between desktop PCs and a variety of electronic devices. Extended File Allocation Table improves on its predecessor, the FAT system, and greatly expands the size of files that flash memory devices can handle by five times over previous FAT technology. It also increases the speed with which those files can be accessed.

Get More Updates & News on RIMM Here

 Commitment to Intellectual Property Collaboration: Microsoft

The flexible IP licensing programs that give companies access to many of the foundational technologies in its own products, allowing those companies to build devices, applications and services that work seamlessly with each other is offered by Microsoft.

With the IP licensing program launched in December 2003, which was developed to open access to Microsoft’s significant R&D investments and its growing, broad patent and IP portfolio, the company has entered into more than 1100 licensing agreements and continues to develop programs that make it possible for customers, partners and competitors to access its IP portfolio.

Microsoft has entered into similar licensing agreements with several leading consumer electronics manufacturers through its IP licensing program, including Panasonic Corp., SANYO Electric Company Ltd., Sony Corp. and Canon Inc.

Shares of RIMM jumped 3.24% to $7.49.

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