Related Patent News
Intergraph Reaches Patent Agreement With Acer
HUNTSVILLE, AL.- Intergraph Corporation (NASDAQ: INGR), a leading global provider of spatial information management (SIM) software, today announced a patent license agreement between Intergraph's intellectual property subsidiary and Acer Incorporated. Under the terms of the agreement, Acer will make a one-time, fully-paid royalty payment of $7.5 million based upon a 1% royalty on applicable product revenues. Intergraph expects to record after-tax intellectual property income from this agreement of approximately $4.3 million, net of all fees, expenses and estimated taxes, in the second quarter of 2006. As a result of the patent license agreement, Acer will obtain a fully paid-up worldwide license to Intergraph’s Clipper patents, and Intergraph will obtain an option to license certain Acer patents on royalty-bearing terms. "We are pleased to have reached a licensing agreement with Acer," said R. Halsey Wise, President & Chief Executive Officer of Intergraph Corporation. "The Acer license
Call Our Toll Free: (888) 275-2757 or Contact Us
Online For a No-Obligation Consultation
Bookmark: 
Permalink: http://S-0.ORG/tSItZws
| Did You Know? |
|
A patent protects your invention.
A patent for an invention is a grant of property rights by the U.S. Government through the U.S. Patent and Trademark Office. The patent grant excludes others from making, using, or selling the invention in the United States. The terms "Patent Pending" and "Patent Applied For" are used to inform the public that an application for a patent has been filed. Patent protection does not start until the actual grant of a patent. Marking of an article as patented, when it is not, is illegal and subject to penalty.
|
Contact our Patent Professionals to ensure you complete the
patent filing process correctly or for violation of your patent rights.
|