IBM and 3Com have agreed to cross-license their patents on networking and communications technologies in a deal estmiated to be worth more than $1 billion.
The move builds on the two organisations' seven year development relationship and means that each will receive a license for all patents relating to their specific field of interest.
IBM's patent portfolio includes server access, load balancing, Web caching and network management software, while 3Com's covers handheld organisers, network interface cards, modem technology and broadband networking technology.
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