Cross-Licensing Agreement Reached Between Burroughs and Panini
TORINO, ITALY and PLYMOUTH, MI — (Marketwired) — 11/22/13 — Panini and Burroughs, Inc. have reached an agreement to cross-license Burroughs CAPI patent (6,546,396) and Panini check feeding patent (6,966,554)."We are pleased to come to an agreement with Panini to license its common API software interface product in conjunction with our CAPI patent," says Alan Howard, CEO of Burroughs, Inc.Panini CEO Michael Pratt adds, "Our cross licensing of these patents is in the best intere