FSA Acquires Model License Agreements from VCX Software; Agreements Reflect Collaborative Industry Effort to Ease IP Licensing Process
SAN JOSE, Calif.—(BUSINESS WIRE)—May 25, 2005—
FSA, voice of the global fabless business model,
announces today it has acquired VCX Software Ltd.'s Model License
Agreements (MLAs), developed to create industry standard agreements
for the licensing, use and transfer of semiconductor intellectual
property (IP) between IP companies and their customers.
"The three-year work effort and countless contributed hours from
leading companies in the industry fully exposed the fact that
semiconductor innovation continues to be stifled because of the issues
and inefficiencies of the IP licensing process," said Andy Travers,
managing director of VCX Software. "We created a solution to improve
that process, while protecting and respecting the rights of both
supplier and customer."
VCX championed collaborative efforts of IP users and providers,
EDA companies, foundries and IP attorneys to increase agreement on
terms and conditions to reduce the time and expenses related to the
negotiation process. This input was translated into the initial MLA
forms and supporting documents.
"IP licensing is a critical challenge voiced by FSA members," said
Jodi Shelton, co-founder and executive director of FSA. "The FSA IP
Committee is establishing a working group to leverage this substantial
body of work and refine the MLAs for fabless companies and IP
suppliers in an outsourced environment."
FSA will provide the MLAs as a valuable information tool to
improve the efficiency of the IP licensing process for member
companies and their counsel. FSA will begin making the MLAs available
to its membership this fall.
For additional information about MLAs or FSA's IP Committee MLA
working group, visit www.fsa.org/committees/ip.
About FSA:
FSA is the voice of the global fabless business model.
Incorporated in 1994, FSA positively impacts the growth and return on
invested capital of this business model to enhance the environment for
innovation. It provides a platform for meaningful global collaboration
between fabless companies and their partners; provides timely research
and resources; and identifies, debates, and discusses business and
technical issues. Members include fabless companies and their supply
chain and service partners, representing more than 21 countries across
the globe. www.fsa.org.
Contact:
FSA
Vivian Pangburn, 972-866-7579 ext. 140
vpangburn@fsa.org
or
Shelton
Media Contact
Helen Garrett, 972-239-5119 ext. 201
hgarrett@sheltongroup.com
