Osram, Avago in cross-license agreement

The cross-license agreement means that each side of the deal has the rights to use the other's LED technology. "Today's agreements are significant for both companies and, more importantly, represent a win for our customers, who now have more choices for their lighting requirements," said Rüdiger Mueller, CEO of Osram Opto Semiconductors. "Over the years, we have established a very strong position with considerable intellectual property at our disposal," he added.