Quote:
Originally Posted by 2dCode
Hi, I need some help understanding this press release:
http://release.nikkei.co.jp/detail.c...61262&lindID=1
I can tell there is some formal agreement between Denso Corporation and A T Communications Corporation but what exactly is the nature of this agreement?
Thank you for any help in undestanding this....
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In short, the two companies have agreed to cooperate with each other in the developement of custom designed QR codes.
Denso, as you know, is the original creator of QR codes, yet it had been less than eager to develop custom designed QR codes because they occasionally don't get scanned correctly and Denso thought it could cause a decline in the customer trust.
A.T Communications, however, has successfully developed the LogoQ, which Denso believes will be in high demand in the near future. Denso has provided on license its patent rights to A.T Communications for the cooperated effort.