RE: Tesla8 Dec 2020 08:51
So I guess we can expect another one of these then ... sad that we probably wont have access to the figures, but it's (probably) another case successfully fought .....
CAP-XX is pleased to announce that it has reached agreement with TDK Corporation of 3-9-1 Shibaura, Minato-ku, Tokyo, JAPAN ("TDK"), whereby TDK will licence a family of CAP-XX's patents on a non exclusive basis for a range of supercapacitor sizes.
TDK, one of the World's largest electronic component suppliers, with sales in excess of US$11 billion and over 100,000 employees, will join Murata and AVX as licencees of CAP-XX's supercapacitor IP, as CAP-XX pursues its strategy of building and licencing its IP portfolio.
The royalty rate to be paid to CAP-XX is in line with the royalty rate agreed to in other licence agreements previously announced with Murata and AVX. No further financial details relating to the transaction will be disclosed due to confidentiality provisions in the agreement.
Anthony Kongats, Chief Executive of CAP-XX said:
"We are delighted to have licenced our supercapacitor technology to TDK, which is a leading participant in the global electronics market. We expect other licence agreements to follow for our intellectual property, which is critical to the production of supercapacitors as well as other related applications."