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July 1, 2014
13:13 EDTMVISMicrovision strength attributed to Microsoft patent filing
Shares of Microvision are up 7% in afternoon trading following the circulation of a Microsoft (MSFT) patent application for automatic text scrolling on a display device that mentions Microvision in its body.
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March 5, 2015
09:02 EDTMVISMicrovision announces license agreement for MicroVision PicoP
MicroVision announced it has signed a multi-year license agreement with its Fortune Global 100 partner for MicroVision PicoP display technology. The license agreement grants the Fortune Global 100 company a non-exclusive license to MicroVision PicoP display technology for use in display modules it manufactures and sells. As part of the agreement, MicroVision expects to receive an $8M up-front license fee later this month. In addition to the initial up-front license fee, MicroVision will also receive royalties for display modules sold by the Fortune Global 100 company. Further terms of the license agreement are confidential for competitive reasons. The Fortune Global 100 company will also purchase proprietary components from MicroVision for incorporation in its display modules pursuant to the license agreement.

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