LES announced the recipients of its Deals of Distinction™ Awards in four industry sectors: Brands As A Business, High-Tech, Industry-University-Government Interface and Life Sciences. The annual program, now in its nineteenth year, recognizes companies that orchestrate the year’s most outstanding licensing and business deals in each sector. The awards were presented during the LES Annual Meeting Business Luncheon on October 16, 2023. Several key dealmakers were on hand to provide insights on their winning deals.
Ericsson and Apple Sign Global Patent License Agreement – 2 of 4
Dealmakers: Ericsson & Apple
Sean Clark, Ericsson; Roy Maharaj, Ericsson; and Stephen Kabakoff, Chair of the High Tech Sector.
Why it won…
Ericsson and Apple reached a multi-year, global patent license agreement between the two companies. The agreement includes a cross-license relating to patented cellular standard-essential technologies and grants certain other patent rights.
Furthermore, Ericsson and Apple have mutually agreed to strengthen their technology and business collaboration, including in technology, interoperability and standards development.
Roy Maharaj, VP of Global Licensing and Sean Clark, Director of Licensing North America both attended the awards ceremony in person on behalf of Ericsson.