LSI deal expands IP licensing

Mosaid has obtained rights to sublicense more than 50 LSI patents relating to memories, DSPs, MPUs, ASICs and semiconductor processing technology.

Mosaid Technologies has strengthened its patent licensing programme with the announcement of a 10-year patent licensing agreement with LSI Corporation.

Effective immediately, Mosaid has the exclusive right to sublicense more than 50 LSI patents relating to memories, digital signal processors (DSPs), microprocessors, application specific integrated circuits (ASICs) and semiconductor processing technology.

The licensing agreement builds on Mosaid's recent purchase of fundamental wireless patents from Agere, now merged with LSI.

Under the terms of this agreement, LSI has granted Mosaid a 10-year exclusive licence, with sublicensing rights, to 50 US patents and their corresponding foreign counterparts.

Mosaid will pay LSI a percentage of the net royalty revenues associated with licensing these patents.

"LSI has a tradition of more than 25 years of innovation".

"Now, as the new owner of Agere and its portfolio of patents, we plan to continue a successful tradition of enhancing shareholder value through IP licensing", said John Veschi, Vice President and General Manager of LSI's IP Business.

"Mosaid's licensing expertise was a major factor in our choosing to enter this relationship".

"This agreement provides Mosaid with a patent portfolio that opens up new licensing opportunities with respect to a wide range of semiconductor products, and increases the number of companies that we can license", said Michael Vladescu, Vice President, Licensing and Intellectual Property, Mosaid.

"As an intellectual property company, we are tightly focused on patent licensing", said John Lindgren, President and CEO, Mosaid.

"Today's agreement aligns with our strategy to continue building a robust patent portfolio through exclusive licenses, acquisitions, and patents on internally developed technology".

"It also strengthens Mosaid's campaign to relicense companies with whom we currently have term licences".

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