Microsoft Corp. today announced that it has signed a patent cross-license agreement with Amazon, the world’s largest Internet store.

The agreement provides each company with access to the other’s patent portfolio and covers a broad range of products and technology, including coverage for Amazon’s Kindle, which employs both open source and Amazon’s proprietary software components, and Amazon’s use of Linux-based servers.

“We are pleased to have entered into this patent license agreement with Amazon.com. Microsoft’s patent portfolio is the largest and strongest in the software industry, and this agreement demonstrates our mutual respect for intellectual property as well as our ability to reach pragmatic solutions to IP issues regardless of whether proprietary or open source software is involved,” said Horacio Gutierrez, corporate vice president and deputy general counsel for intellectual property and licensing at Microsoft

Although specific terms of the agreement are confidential, Microsoft indicated that Amazon.com will pay Microsoft an undisclosed amount of money under the agreement.

Tags: Amazon, Microsoft, Kindle, E-Book