Home»News»Intel and Plessey sign licensing and warrant agreements

Intel and Plessey sign licensing and warrant agreements

0
Shares
Pinterest Google+
 

Under the terms of the licensing agreement, Plessey will be licensed to manufacture, sell and support a select number of products in Intel’s digital tuner portfolio. The warrant agreement is for an unspecified number of shares in Plessey’s holding company.Michael LeGoff, Managing Director for Plessey, said, “We are delighted to have concluded the licensing and warrant agreements with Intel and Intel Capital and we look forward to working closely with them as Plessey continues to grow its international presence.”Marc Alexander, Director – Technology Licensing – Intel Capital, added, “This is the start of what we hope will become a long term relationship and a great collaboration between Intel Labs Europe team, Intel’s Technology Manufacturing Group, Intel Capital and Plessey to support these licensed products and to provide world class service to the existing Intel customers using Plessey’s capabilities.”Marcos Battisti, Managing Director Intel Capital Western Europe and Israel, commented, “We are very pleased to have concluded these agreements with Plessey and look forward to a fruitful collaboration.”


Electronicsfeed.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. For a full list of the affiliate programs we utilize to help serve unique, ad-free content, take a look at our Advertising Disclosure statement.
Previous post

DRAM production cuts gradually take effect

Next post

1HDec. NAND Flash ACP trend mixed