| From: Sr K | 2/5/2016 6:52:10 PM | | | | | | In news article about GoPro:
Microsoft Corp. (MSFT) said Friday that it has struck a patent-licensing deal with GoPro Inc.(GPRO) that will cover file-storage technology.
GoPro (GPRO) shares, which have been battered this week and in recent months, added 6.2% in after-hours trading to $10.58 a share. Microsoft (MSFT) shares ticked up 0.2%.
The patent-licensing agreement comes just days after GoPro (GPRO) reported weak fourth-quarter earnings, fueling concerns about the health of its core business selling wearable cameras.
The deal with Microsoft (MSFT) will cover certain file-storage and system technologies.
Nick Psyhogeos, president of Microsoft's (MSFT) patent business, said the company is seeing strong demand from the wearable technologies it has already licensed. Microsoft (MSFT) didn't provide further detail on the agreement. |
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| From: zax | 2/24/2016 9:15:17 PM | | | | | | | Microsoft has signed an agreement to acquire Xamarin, a leading platform provider for mobile app development. In conjunction with Visual Studio, Xamarin provides a rich mobile development offering that enables developers to build mobile apps using C# and deliver fully native mobile app experiences to all major devices, including iOS, Android, and Windows. Xamarin's approach enables developers to take advantage of the productivity and power of .NET to build mobile apps, and to use C# to write to the full set of native APIs and mobile capabilities provided by each device platform. |
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