Chip maker Microsemi has announced it has entered a cross-licensing agreement to share technologies with networking giant Cisco Systems.
Orange County Business Journal (opens in new tab) has reported that California-based Microsemi, a leading designer and maker of semiconductors and RF subsystems used in aerospace, defence and consumer electronics, said it has signed a patent licensing deal for a technology called Power-over-Ethernet (PoE).
The deal includes patents essential to the IEEE 802.11af and 802.11at PoE standards.
PoE technology provides power to switches, routers and other devices directly over computer networking cables, eliminating the need for a separate power supply.
Rob Adams, Microsemi’s vice president of corporate development said: "The technology exchange is a validation of our strong technology and intellectual property.”
According to Jim Peterson, chief executive of Microsemi, the emerging PoE technology and its applications will help them eliminate risks associated with intellectual property positioning.
He said: "We believe that the agreement reached will facilitate proliferation of PoE technology by eliminating uncertainties that exist with respect to IP positioning."
The financial details of the agreement have not yet been disclosed.