Third license signed by France Brevets and NFC Technology, LLC under their NFC licensing program
Aix-en-Provence, France, May 30th, 2016 – INSIDE Secure (Euronext Paris: INSD), a leader in security solutions for mobile and connected devices, today announced that France Brevets and its affiliate NFC Technology, LLC have granted to Samsung a worldwide fee-bearing patent license under their NFC Patent Licensing Program for use in Samsung’s products.
This NFC Patent License Program, fully managed by France Brevets and its affiliate NFC Technology LLC, offers NFC patents from both INSIDE Secure and Orange, as well as patents acquired by France Brevets and patents owned by NFC Technology, LLC.
Commenting on this license, Jean-Charles Hourcade, CEO of France Brevets said: “This is the acknowledgement by a recognized worldwide leader of the value of the patents offered under the NFC Licensing Program”.
This new license comes after the one signed with LG in 2014 and with Sony in March 2016.
The parties did not disclose full financial details of the license agreement granted to Samsung.
About France Brevets
Created in March 2011, France Brevets is the first investment fund fully dedicated to patent promotion and monetization in Europe. Funded with €100 million, France Brevets deploys resources to execute patent and licensing strategies that best serve the interests of the patent holders and partners of France Brevets partners. The main sector focus of France Brevets is Information Technology and Communication at large, Aeronautics and Space, Alternative Energy, Chemistry, Materials, and Life Sciences.
For more information on France Brevets, please visit http://www.francebrevets.com
About INSIDE Secure
INSIDE Secure (Euronext Paris FR0010291245 – INSD) provides comprehensive embedded security solutions. World-leading companies rely on INSIDE Secure’s mobile security and secure transaction offerings to protect critical assets including connected devices, content, services, identity and transactions. Unmatched security expertise combined with a comprehensive range of IP, semiconductors, software and associated services gives INSIDE Secure customers a single source for advanced solutions and superior investment protection. For more information, visit http://www.insidesecure.com.