Samsung, Microsoft Reach Smartphone Deal
Samsung and Microsoft have reached a major smartphone deal under which the companies will cross-license patent portfolios. In addition, the companies will collaborate on smartphones, while Microsoft will receive royalties for sales of Samsung's Android-running devices.
"Microsoft and Samsung see the opportunity for dramatic growth in Windows Phone, and we're investing to make that a reality," Andy Lees, president of Microsoft's Windows Phone Division, said as part of the announcement. "Microsoft believes in a model where all our partners can grow and profit based on our platform."