Lexmark Purchases Moore Microprocessor Patent Portfolio License
Alliacense, a leading intellectual property licensing firm, today announced that Lexmark International Inc., a global supplier of printing and imaging products, has acquired the rights to use technologies protected by the Moore Microprocessor Patent Portfolio (MMP) in a strategic move to gain a competitive edge in the industry. This is the second major computer peripherals manufacturer to make such a move, following in the footsteps of Seiko Epson. Lexmark, which provides businesses and consumers with a broad range of printing and imaging products in over 150 countries, joins a list of prominent companies that have purchased MMP Portfolio licenses from The TPL Group in 2006.
Key Takeaways:
- Lexmark International Inc., a global supplier of printing and imaging products, has purchased rights to use technologies protected by the Moore Microprocessor Patent Portfolio (MMP) from Alliacense.
- This move is a strategic decision to gain a competitive edge in the industry, following in the footsteps of Seiko Epson.
- The MMP Portfolio includes seven US patents, as well as their European and Japanese counterparts, fundamental to the design of modern microprocessors, microcontrollers, and system-on-chip devices.
- The MMP Portfolio is jointly owned by privately held The TPL Group and publicly held Patriot Scientific Corporation (PTSC.OB).
- Lexmark becomes the second major computer peripherals manufacturer to make the MMP Portfolio license purchase, after Seiko Epson, and follows on the heels of other companies such as HP, Casio, Fujitsu, Sony, Nikon, Seiko Epson, Pentax, Olympus, Kenwood, and Agilent.
- The MMP Portfolio Licensing Program rewards early movers in their industry sectors with substantial discounts.
- Lexmark reported $5.2 billion in revenue in 2005 and employed more than 13,000 people globally.
Statistics:
- Lexmark has a global supply of printing and imaging products in over 150 countries.
- Lexmark reported $5.2 billion in revenue in 2005.
- More than 13,000 people are employed by Lexmark globally.
Sources:
- "Alliacense today announced that Lexmark International Inc. (NYSE:LXK), a global supplier of printing and imaging products, has purchased rights to use technologies protected by the Moore Microprocessor Patent (MMP) Portfolio."
- Business Wire, Dec. 11, 2006
- "About the MMP Portfolio Named after legendary inventor Charles 'Chuck' Moore, the MMP Portfolio includes seven US patents as well as their European and Japanese counterparts fundamental to the design of modern microprocessors, microcontrollers, and system-on-chip devices."
- Business Wire, Dec. 11, 2006
- "About Alliacense Alliacense is a TPL Group Enterprise executing best-in-class design and implementation of intellectual property licensing programs."
- Business Wire, Dec. 11, 2006