Level 3 Communications, Inc. and IBM have announced that the companies recently entered into a long-term patent cross-license agreement.
Under the terms of the agreement, IBM granted Level 3 licenses to IBM's
approximately 42,000 pending and issued patents which cover a broad range
of telecommunications services and technologies. In turn, Level 3 granted
IBM licenses to those of Level 3's more than 850 pending and issued patents
which cover a broad range of information handling systems. The licenses
will last as long as the lives of the respective patents. Other terms of
the cross-license agreement were not disclosed.
"We have long admired IBM's legacy of innovation," said Jack Waters,
chief technology officer of Level 3. "This patent cross-license agreement
provides Level 3 the opportunity to take advantage of IBM's innovation as
we continuously expand the range of services we provide our customers."
"IBM enjoys a widely recognized reputation of innovation and invention
for technologies related to telecommunications, networking, media and
entertainment," said Dan Cerutti, IBM's general manager of intellectual
property. "With this cross license, we look forward to deepening our
relationship with Level 3, and reaping with them all the benefits of
collaboration."
About IBM
IBM has earned the most U.S. patents for 15 consecutive years and holds
approximately 42,000 patents globally. The company has a strong global
focus on storage and server networking, serving all major industry segments
-- entertainment, publishing, information providers, media networks and
advertising. For more information on IBM, visit http://www.ibm.com.
About Level 3 Communications
Level 3 Communications, Inc. (Nasdaq: LVLT), an international
communications company, operates one of the largest Internet backbones in
the world, connecting more than 180 markets in 20 countries. The company
serves a broad range of wholesale, enterprise, and content customers with a
comprehensive suite of services including: Internet Protocol (IP) services,
broadband transport and infrastructure services, colocation services, voice
and voice over IP services, content delivery, and media distribution
services. These services provide the building blocks to enable Level 3's
customers to meet their growing demands for advanced communications
solutions. The company's Web address is http://www.Level3.com.
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