HP to open technology licensing center in Singapore
Published April 18th, 2006
Hewlett-Packard is opening a center to license its intellectual property to companies in Asia, part of an overall plan at HP to extract more revenue from its large patent portfolio.
The center, based in Singapore, will essentially make it easier for regional companies to learn about and license inventions from HP’s labs. HP has already licensed many patents to Asian companies but the deals are often negotiated at a distance. So far, the Singapore center has cut one deal: HP is licensing its gesture keyboard for the Indian market to a company called Prodigy Labs. The keyboard makes it easier to type in Indian languages.
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