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Microsoft Corp. and Acer Inc. have executed a patent license agreement that includes broad coverage under Microsoft’s patent portfolio for Acer’s tablets and smartphones running the Android platform. “We are pleased that Acer is taking advantage of our industrywide licensing program established to help companies address Android’s IP issues,” said Horacio Gutierrez, corporate vice president and deputy general counsel of Intellectual Property and Licensing at Microsoft. “This agreement is an example of how industry leaders can reach commercially reasonable arrangements that address intellectual property.”