Fuji Xerox Co. Ltd. and Microsoft Corp. announced a broad patent agreement for the purpose of allowing access to each company’s respective patent portfolios and to accelerate research and development. Fuji Xerox, which is owned by FUJIFILM Holdings Corp. and Xerox Corp., is a leading investor in research and development related to document management systems and maintains a broad patent portfolio, including patents in the United States and in Japan. Like Fuji Xerox, Microsoft has a long history of research and development and maintains many patents related to software and computer hardware innovations.

Through the agreement, Fuji Xerox will obtain access to Microsoft patents for Fuji Xerox’s existing and future product lines, including products that incorporate proprietary source and open source software, such as Linux. Likewise, Microsoft will gain access to Fuji Xerox patents for Microsoft’s existing and future proprietary product lines, including Microsoft® Office. The agreement contains monetary and nonmonetary provisions that allow both companies to receive compensation from their patent portfolios. The terms of the agreement are not being disclosed at this time.

“We are pleased to be able to reach a broad, mutually beneficial patent agreement with Microsoft that respects each company’s patent portfolio, encourages greater interoperability and provides valuable protection for the customers of each company’s products and services,” said Kiyoshi Saito, senior vice president of Fuji Xerox Co. Ltd.