TMCnet News
Alibaba and Ant Financial Join the Open Invention Network CommunityDurham, N.C., Dec. 13, 2018 (GLOBE NEWSWIRE) -- Open Invention Network (OIN), the largest patent non-aggression community in history with more than 2,800 members, announced today that Alibaba and Ant Financial Services Group (“Ant Financial”) have joined its community. As a global leader in e-commerce & cloud computing and a global leader in financial technology (FinTech), respectively, Alibaba and Ant Financial are demonstrating their commitment to open source software as an enabler of their platforms and systems. “The e-commerce, computing and financial services industries are experiencing significant disruption, driven by global leaders that recognize the benefits of shared innovation which enables them to effectively differentiate their services higher in the technology stack,” said Keith Bergelt, CEO of Open Invention Network. “We are pleased that Alibaba and Ant Financial have joined our community and committed to patent non-aggression in the core.” “Openness and sharing are the sources of innovation. Alibaba is excited to join Open Invention Network and share our cutting edge innovations with industry leaders," said Jiangwei Jiang, GM of Technology R&D, at Alibaba Cloud Computing. “We are excited to join OIN,” said Benjamin Bai, Vice President and Chief IP Counsel of Ant Financial. “Since its inception in 2005, OIN has been at the forefront of helping companies reduce patent infringement risks relating to Linux. It does so by creating a voluntary system of patent cross-licenses between member companies covering Linux System technologies. We look forward to working with OIN and its members to protect the Linux ecosystem and also encourage innovation in the open source software community.” OIN’s community practices patent non-aggression in core open source technologies by cross-licensing Linux System patents to one another on a royalty-free basis. Patents owned by Open Invention Network are similarly licensed royalty-free to any organization that agrees not to assert its patents against th Linux System. The OIN license can be signed online at http://www.j-oin.net/. About Alibaba Established in 2009, Alibaba Cloud (www.alibabacloud.com), the cloud computing arm of Alibaba Group, is among the world's top three IaaS providers according to Gartner, and the largest provider of public cloud services in China, according to IDC. Alibaba Cloud provides a comprehensive suite of cloud computing services to businesses worldwide, including merchants doing business on Alibaba Group marketplaces, start-ups, corporations and government organizations. Alibaba Cloud is the official Cloud Services Partner of the International Olympic Committee. About Ant Financial For more information, visit http://www.antfin.com. About Open Invention Network For more information, visit http://www.openinventionnetwork.com. Media-Only Contact: Ed Schauweker |