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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 172.98

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Jan 2 9:30 AM EST

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To: Ramsey Su who started this subject	12/4/2000 1:58:42 PM
From: foundation	Read Replies (1) of 197071

QUALCOMM and Texas Instruments Enter into Cross-License Agreement SAN DIEGO and DALLAS -- December 4, 2000 -- QUALCOMM Incorporated (Nasdaq: QCOM) and Texas Instruments Incorporated (NYSE: TXN) today announced that they have entered into a cross-license agreement covering both companies' patent portfolios that allows each company to supply integrated circuits, including for all wireless standards. The agreement recognizes the significance and value of each company's intellectual property, including Texas Instruments' DSP and Analog patents, as well as QUALCOMM's CDMA patents. The companies' current patents, as well as future patents filed prior to or on December 31, 2005, are cross-licensed on a worldwide basis. The companies have agreed to enter into a comparable agreement between TI and Spinco (the temporary name of the entity that QUALCOMM has announced will be spun off as a separate and independent entity) that will allow Spinco to supply integrated circuits for all wireless and wireline applications. Additional terms of the agreement were not disclosed. qualcomm.com ------------------------------------- This agreement is similar, in effect, to QClassic's agreement with SpinCo... Will TXN and SpinCo will be synonomous? Mighty - please elaborate on you emphasis on integrated circuits. thanks - ben

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