Microsoft, Amazon in Patent Deal

Microsoft signed a patent cross-license agreement with Amazon.com, including technology and products such as Amazon's Kindle electronic book reader.
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REDMOND, Wash. (

TheStreet

) --

Microsoft

(MSFT) - Get Report

signed a patent cross-license agreement with

Amazon.com

(AMZN) - Get Report

, including technology and products such as Amazon's Kindle electronic book reader and Amazon's use of Linux-based servers.

Microsoft said in a press release that specific terms of the agreement were confidential but that Amazon will pay an undisclosed amount under the deal. .

Microsoft said the agreement "demonstrates our mutual respect for intellectual property as well as our ability to reach pragmatic solutions to IP issues regardless of whether proprietary or open source software is involved."

-- Reported by Joseph Woelfel in New York.

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