Microvision Buys Motorola Pico, Display Patents
REDMOND, Wash., Nov. 11, 2010 — Microvision Inc. has purchased more than 190 patents from Motorola Inc. to extend its intellectual property portfolio in pico projection and display technology.
The portfolio, purchased from Motorola’s subsidiary Symbol Technologies Inc., is the largest-, broadest- and earliest-filed laser pico projection and display portfolio outside of Microvision’s and includes applications in automotive head-up displays, 3-D projection, rangefinding, portable media devices, image capture and laptops. Microvision’s patent assets now number more than 500 worldwide.
“Our fundamental mission as a company is to continuously innovate and anticipate the market’s needs before others do,” said Alexander Tokman, Microvision president and CEO. “We firmly believe in the significant market opportunity for pico projectors, automotive displays, gaming devices and eyewear, and the Motorola/Symbol patent portfolio presents a unique opportunity to enhance our key asset and substantially extend our leadership position in this space.”
Microvision has been recognized for the innovation, impact and breadth of its intellectual property by two prestigious industry organizations. In 2010, its IP portfolio was ranked 13th among all global electronics companies by the IEEE (Institute of Electrical and Electronics Engineers), achieving the highest ranking of a US company. In 2009, it was recognized by the Patent Board, in association with the Wall Street Journal, for the second year in a row as a top 50 IP portfolio holder with its ranking of 38th among all global industrial companies.
For more information, visit: www.microvision.com