Barter & Trade

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Monday, January 10, 2005

Corporate Giants Pull Off Unique Trade—Use Of Patents

Yet another example of major corporations trading on their assets is that of Sony and Samsung Electronics exchanging the use of each others’ patents. The unique swap will cover all technologies the companies deem basic...roughly 90% of their vast patent holdings.

In the U.S. alone, Japan-based Sony holds about 13,000 patents while Samsung, of South Korea, holds approximately 11,000.

Reprinted by permission of BarterNews Magazine (www.barternews.com)

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