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August 9, 2010

Apple licenses tech of Liquidmetal Technologies

liquidmetal_tech.jpg

An SEC filing just hit that shows that Apple Inc. struck a deal with Liquidmetal Technologies, a California-based company that holds patents on new metal and alloy designs, for essentially access to all of its intellectual property.

Perhaps in the near future, we can expect our iPhones, iPads, and iPods to be made of these new "amorphous" metals that Liquidmetal specializes in.

According to its Website, Liquidmetal is a "leading force in the research, development and commercialization of amorphous metals. [Its] revolutionary class of patented alloys and coatings form the basis of high performance material utilized in a range of military, consumer and industrial products manufactured by Liquidmetal Technologies."

The new metals that Liquidmetal develops offer several benefits in strength, hardness, elasticity, corrosion- and wear-resistance, and acoustical properties.

Here's the info straight from the 8K that Liquidmetal filed with the SEC (thanks to Jay Rickey of Citybizlist for sending this to me.)

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”).


This is an archived version of the technology blog. For updated coverage, see the current baltTech location: baltimoresun.com/balttech
Posted by Gus Sentementes at 9:42 AM | | Comments (2)
Categories: *NEWS*
        

Comments

The T-1000, a revolutionary new product brought to you by Apple.

And of course, Skynet brought to you by Google.

oooh, you just creeped me out, Paul!

It's clear that Apple is now working on building the shape changing robot from the second Terminator movie.

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About Gus G. Sentementes
Gus G. Sentementes (@gussent on Twitter) has been writing for The Baltimore Sun since 2000. He's covered real estate, business, prisons, and suburban and Baltimore City crime and cops. He was one of the first reporters at The Sun to use multimedia tools and Web applications -- a video camera, an iPhone -- to cover breaking news. He hopes to cover Maryland geeks and the gadgets and Web sites they build, and learn -- and share -- something new every day.

Gus has a wife, a young daughter and two feuding cats. They live in Northeast Baltimore.
This is an archived version of the technology blog. For updated coverage, see the current baltTech location: baltimoresun.com/balttech
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