Microsoft has signed off on another patent agreement with an Android smartphone and tablet maker, Luna Mobile. The deal will allow Microsoft to receive royalties from the sales of Luna's devices.
Luna Mobile is based in Tampa, Florida and plans to launch a number of new smartphones and other products later this year that will be covered under the new patent agreement with Microsoft:
"We are very happy to partner with Microsoft, a worldwide leader in the mobile and tablet experience," said Todd Walker, CEO and president of Luna Mobile. "When we launch later this year, we look forward to providing distributors and consumers with the best and most cost-effective mobile devices and technology currently available. Collaboration with companies like Microsoft has helped tum our vision into a reality."
As usual, the specific financial terms of this agreement were not disclosed.