Apple Licenses Liquidmetal Technologies for Consumer Electronics

Posted August 9, 2010 at 1:12pm by iClarified | Please help us and submit a translation by clicking here | 8145 views

Apple has entered into an agreement with Liquidmetal Technologies for an exclusive license to use its technologies in the consumer electronics field, according to an SEC filing obtained by the Baltimore Sun.

On August 5, 2010, Liquidmetal Technologies, Inc., a Delaware corporation (“Liquidmetal”), entered into a Master Transaction Agreement with Apple Inc., a California corporation (“Apple”), pursuant to which (i) Liquidmetal contributed substantially all of its intellectual property assets to a newly organized special-purpose, wholly-owned subsidiary (the “IP Company”), (ii) the IP Company granted to Apple a perpetual, worldwide, fully-paid, exclusive license to commercialize such intellectual property in the field of consumer electronic products in exchange for a license fee, and (iii) the IP Company granted back to Liquidmetal a perpetual, worldwide, fully-paid, exclusive license to commercialize such intellectual property in all other fields of use (together with all ancillary agreements, the “Master Transaction Agreement”).

Liquidmetal alloys represent the first enabling materials technology since the creation of thermoplastics and possess characteristics that make them superior in many ways to other commercially-viable materials. First, they have an "amorphous" atomic structure, which is unprecedented for structural metals. Second, they include a multi-component chemical composition, which can be optimized for various properties and processes. Finally, they lend themselves to process technology similar to that possessed by plastics.

Read More [via Jody]


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Amriibacchus - August 9, 2010 at 1:45pm
Now when I drop my iPhone it\'s gonna bounce across the room a million times
Billy - August 9, 2010 at 7:22pm
Or you can play table tennis with it nice
gola - April 19, 2012 at 4:51am
sounds about right!
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