Phrases with «to license the technology»

"To license the technology" means giving permission to someone to use a specific piece of technology that you own or have developed. The person or company that receives the license can then utilize the technology for their own purposes, usually in exchange for payment or other agreed-upon terms. Full definition

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Sentences with «to license the technology»

  • The pharmaceutical company that has licensed the technology plans to produce 100 million malaria treatments a year, covering between 25 and 33 percent of the global need. (discovermagazine.com)
  • Viome is the first subsidiary of BlueDot, another company founded by Jain, which will focus on licensing technology from research labs. (inc.com)
  • It has now emerged, as spotted by Eurogamer, that the court also ordered Silicon Knights to cease distributing Unreal Engine - developed titles and recall and destroy all versions of licensed technology in its possession, including the video game and engine code. (mcvuk.com)
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