Apple Renews Liquidmetal Exclusivity Deal Through To Feb 2016
The name liquid metal conjours up images of the T-1000 but so far all we have yet to see from Apple is a liquidmetal sim removal tool but is that about to change?
According to documents filed with the Security Exchange Commission, Apple is extending its relationship with Liquidmetal through February 5, 2016.
On June 17, 2015, Liquidmetal Technologies, Inc. (the “Company”) and Apple Inc. (“Apple”) entered into a third amendment (the “Third Amendment”) to the Master Transaction Agreement that was originally entered into on August 5, 2010 and amended on June 15, 2012 and May 17, 2014 (the “MTA”). Under the MTA and its first two amendments in 2012 and 2014, the Company was obligated to contribute to Crucible Intellectual Property, LLC, a special purpose subsidiary of the Company, all intellectual property acquired or developed by the Company from August 5, 2010 through February 5, 2015, and all intellectual property held by Crucible Intellectual Property, LLC was exclusively licensed on a perpetual basis to Apple for the field of use of consumer electronic products under the MTA.
This might mean something, it might mean nothing but extending the deal for another 8 months seems an odd amount of time to extend for. Let’s just hope it’s not to top up the worlds supply of sim ejectors.