Level 3, IBM share patents
Rocky Mountain News
Published February 28, 2008 at 9:06 a.m.
Updated February 28, 2008 at 9:25 a.m.
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Level 3 Communications Inc. and IBM today announced that the companies recently entered into a long-term patent cross-license agreement.
Under the terms of the agreement, Armonk, N.Y.-based IBM granted Level 3 licenses to about of 42,000 of IBM's pending and issued patents, which cover a broad range of telecommunications services and technologies. In turn, Broomfield-based 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.
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