Chinese gadget maker Xiaomi struck a deal with Microsoft to purchase around 1,500 patents from the latter for an undisclosed sum, the U.S. company announced on Wednesday. The announcement was made yesterday when Microsoft CEO Satya Nadella visited Beijing.
The sale involves patents in voice communications, multimedia and cloud computing sectors, while the licensing portion include wireless communications patents as well as other technologies, including video. The deal also covers a wider partnership that includes the cross-licensing and pre-installment of Microsoft Office and Skype onto some of Xiaomi’s devices.
The move underlines Xiaomi’s efforts to acquire intellectual properties in an attempt to explore overseas business amid a saturating domestic smartphone market.
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