"Microsoft Corp. and Pioneer Corp. signed a patent cross-licensing agreement that furthers the development of each company’s product lines and will expand technological innovation to enhance the overall customer experience. The cross-licensing agreement covers a broad range of consumer products, including Pioneer’s auto navigation products and televisions, as well as Microsoft’s software products. The agreement allows greater mutual access to each partner’s respective patent portfolio. The agreement, recently signed by representatives of both companies, expands the relationship between Microsoft and Pioneer to promote the incorporation of patented technologies in their respective products. Although the contents of the agreement, including the specific financial terms, are confidential, the parties indicated that Microsoft is being compensated by Pioneer."