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Originally published Thursday, February 25, 2010 at 1:42 PM

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Microsoft, Panasonic ink IP deal

Microsoft Corp. says it has agreed to an intellectual property licensing contract with Panasonic Corp., a deal that gives Panasonic access to technology that will help store more media content on consumer electronics.

The Associated Press

REDMOND, Wash. —

Microsoft Corp. says it has agreed to an intellectual property licensing contract with Panasonic Corp., a deal that gives Panasonic access to technology that will help store more media content on consumer electronics.

The deal covers the latest generation of Microsoft's file system technology, which is called Extended File Allocation Table. A file system is technology used inside computers and other electronics for organizing and storing data.

Microsoft said its new technology improves the playback of multimedia content and is important as televisions and other consumer devices are asked to handle more technically complicated content.

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