Corning, Hitachi-Maxwell sign PMO licensing pact

Corning, NY--Corning and Hitachi-Maxell have entered into a nonexclusive licensing agreement that will allow Hitachi-Maxell to utilize Corning's precision molded optics (PMO) patents in the manufacture of aspheric glass lenses, such as those used in digital still cameras and other electronic products. Details of this agreement are not disclosed. The licensing agreement was facilitated by BTG, the intellectual property and technology commercialization company. BTG represents Corning in its ongoing program to license its PMO portfolio. Several companies, including Fuji, Tamron, and NSG, have already taken licenses to the Corning PMO technology.