Osram and Cree enter into LED patents cross license agreement
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OSRAM thus continues its policy of concluding patent cross license agreements with other large LED manufacturers.In the recent years, the company has already entered into similar agreements with other big players in the LED market like Nichia, Philips and Toyoda Gosei.
Such agreements considerably accelerate the spread of LED technology in all application fields. They help companies in the development, production and marketing of new products by mitigating the risk of inadvertently infringing other companies’ patent rights. Therefore the customers of Osram’s and Cree’s LED products enjoy the benefit of being strongly guarded against adverse effects caused by potential patent disputes about these products.
With 8,000 patents and patent applications, Osram holds a strong position regarding intellectual property in the field of LED technology. "For all companies involved, the respectful management of intellectual property is essential for the smooth development of LED technology," comments Martin Goetzeler, COO of Osram. "The agreement with Cree is an important step in this process.”
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