In just two days, Microsoft grabbed another patent deal covering Android-based devices. The Redmond company has just announced that they've signed a patent agreement with Velocity Micro, Inc., that provides broad coverage under Microsoft's patent portfolio for Velocity Micro Inc. Android-based devices, including Velocity Micro, Inc.'s Cruz Tablet.
Although the contents of the agreement have not been disclosed, the parties indicate that Microsoft will receive royalties from Velocity Micro, Inc., under the agreement.
This followed, Microsoft's June 27th, Android patent deal with Itronix.
"We are pleased to have reached this agreement with Velocity Micro, Inc., to address and secure IP rights for its Android-based Cruz tablet devices," said Horacio Gutierrez, corporate vice president and deputy general counsel of Intellectual Property and Licensing at Microsoft.
Randy Copeland, CEO of Velocity Micro, Inc., said, "By entering into this agreement with Microsoft, Velocity Micro, Inc., will be able to better meet the needs of our customers with the introduction of exciting new Cruz tablets having increased performance and functionality."