Monday, October 3, 2011

Microsoft Corporation (NASDAQ:MSFT) Ties Up Samsung Patent Deal

Microsoft Corporation (NASDAQ:MSFT) and Samsung have inked a patent licensing
deal. Microsoft Corporation (NASDAQ:MSFT) Ties Up Samsung Patent Deal A new
agreement has been signed between Microsoft Corporation (NASDAQ:MSFT) and
Samsung to cross-license their patent portfolios. Under the agreement, Microsoft
Corporation (NASDAQ:MSFT) and Samsung will also cooperate in the development and
marketing of Windows Phone, Microsoft Corporation (NASDAQ:MSFT)s mobile
operating system. Andy Lees, president of Microsoft Corporation (NASDAQ:MSFT)s
Windows Phone Division, said that, "Microsoft Corporation (NASDAQ:MSFT) and
Samsung see the opportunity for dramatic growth in Windows Phone and were
investing to make that a reality. The deal with the South Korean electronics
titan provides broad coverage for each companys products". Microsoft Corp.
(NASDAQ:MSFT) shares were at 24.89 at the end of the last days trading. Theres
been a -4.3% change in the stock price over the past 3 months. Microsoft Corp.
(NASDAQ:MSFT) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.74 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.84 Zacks
Rank: 28 out of 92 in the industry

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