Intermec Rapid Start Licensing Aims to Spur Growth, Quiet IP Furor
By Dann Anthony Maurno
Intermec Technologies Corp. is offering its version of a summer sale on its patent portfolio; and, yes, it’s only available until just before Labor Day.
The company announced on May 4 its Rapid Start Licensing Program, which provides RFID manufacturers access to Intermec’s 140+ portfolio of RFID patents at reduced rates. That program begins June 1, 2005, and concludes Aug. 31. According to Intermec, this will provide the marketplace with clear guidance about which vendors are licensed to use Intermec’s RFID intellectual property and will simplify complicated technology cross-licensing issues. Intermec’s announcement sparked excitement in the investor community, with Intermec parent company Unova’s stock leaping from $17 at closing May 4, to $19.88 on May 5.
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