Level 3 Communications and IBM announced a long-term patent cross-license agreement.
Under the deal, IBM granted Level 3 licenses to IBM’s approximately 42,000 pending and issued patents which cover a broad range of telecommunications services and technologies. In turn, 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.http://www.level3.comhttp://www.ibm.com
