3M Innovative Properties Co. & Luxshare Technology Enter Agreement To Obtain A Limited Patent License For Use Of Twin Axial Cable Technology

Published Sep 09, 2021
3M Company
Technology & Beyond

By John F. Heerdink, Jr.

As per reports, 3M (MMM) Innovative Properties Co. and Luxshare Technology Co Ltd have entered an agreement to obtain a limited patent license for the use of the Twin Axial Cable technology from 3M.

Twin Axial cable is used for high-speed data input/output (I/O) in data center servers. The collaboration will give server designers and manufacturers more flexibility with high speed, 3M™ Twin Axial Cable supply options for cloud and enterprise server applications. As per the agreement, Luxshare has taken a global royalty-bearing patent license from 3M.

“The agreement with Luxshare Technology reflects 3M’s ongoing commitment to work with some of the best manufacturers in the world to provide higher-quality, more innovative cable assembly solutions. We are excited to utilize Luxshare’s worldwide presence to bring new solutions that can meet the latest standards for high speed I/O interconnect,” stated Kevin Twomey, global business director at 3M.

As one of the thinnest cables on the market, 3M™ Twin Axial Cables use 3M’s robust intellectual property portfolio offering them to be foldable, thin, and virtually resonance-free up to at least 40GHz.

3M (MMM) is a global science company that seems to never stop inventing. Using 46 technology platforms, their integrated team of scientists and researchers works with customers to create breakthroughs. Their inventions have improved daily life for hundreds of millions of people all over the world. With $30 billion in sales, 90,000 employees connect with customers all around the world. Scientists, researchers, and marketers work across countries and across subjects to solve challenges big and small. To learn more about 3M (MMM) and to track its ongoing progress please visit the Vista Partners 3M (MMM), Coverage Page.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive! Please join us at Vista Partners and receive our FREE email updates throughout the week and view our exclusive content and research.