{"id":400326,"date":"2020-12-15T15:03:12","date_gmt":"2020-12-15T20:03:12","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=400326"},"modified":"2020-12-15T15:03:12","modified_gmt":"2020-12-15T20:03:12","slug":"sonos-and-legrand-sign-multi-year-licensing-deal","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sonos-and-legrand-sign-multi-year-licensing-deal\/","title":{"rendered":"Sonos and Legrand sign multi-year licensing deal"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Sonos and Legrand sign multi-year licensing deal <\/b><\/p>\n<p class=\"bwalignc\"><i>Undisclosed terms cover multi-year licensing deal associated with all Legrand multi-room wireless audio products worldwide<\/i><\/p>\n<p>SANTA BARBARA, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nSonos (Nasdaq: SONO) and Legrand today announced a multi-year licensing deal to cover the entire range of Legrand\u2019s NUVO multi-room wireless audio products. As part of this agreement, Legrand will pay to license Sonos\u2019 patents for all such audio products.\n<\/p>\n<p>\n\u201cSonos innovation created multi-room wireless audio &#8211; the technologies we invented enable many of today\u2019s listening experiences and we continue to innovate to enable the experiences of tomorrow,\u201d said Eddie Lazarus, Chief Legal Officer. \u201cWe believe in a fair marketplace where companies compete on a level playing field and contribute with their own innovations and experiences. We\u2019re pleased to see more companies such as Legrand recognizing the strength and value of our IP and providing appropriate compensation.\u201d\n<\/p>\n<p><b>About Sonos<\/b><\/p>\n<p>\nSonos (Nasdaq: SONO) is one of the world\u2019s leading sound experience brands. As the inventor of multi-room wireless home audio, Sonos innovation helps the world listen better by giving people access to the content they love and allowing them to control it however and wherever they choose. Known for delivering an unparalleled sound experience, thoughtful design aesthetic, simplicity of use, and an open platform, Sonos makes the breadth of audio content available to anyone. Sonos is headquartered in Santa Barbara, California. Learn more at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sonos.com&amp;esheet=52349205&amp;newsitemid=20201215006031&amp;lan=en-US&amp;anchor=www.sonos.com&amp;index=1&amp;md5=351dcf58ae4603868ea559fab690cca3\">www.sonos.com<\/a>.\n<\/p>\n<p><b>About Legrand <\/b><\/p>\n<p>\nLegrand is a global specialist in electrical and digital building infrastructures. Its comprehensive offering of solutions for use in commercial, industrial and residential markets makes it a benchmark for customers worldwide. Innovation for a steady flow of new products with high added value is a prime vector for growth, including, in particular, connected devices stemming from Legrand\u2019s global <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.legrand.us%2Fabout-us%2Feliot&amp;esheet=52349205&amp;newsitemid=20201215006031&amp;lan=en-US&amp;anchor=Eliot+%28Electricity+and+IoT%29+program&amp;index=2&amp;md5=5c6f2a447750c4e31ca9569efda53e8e\">Eliot (Electricity and IoT) program<\/a>. Legrand reported sales of $5.6 billion in 2016. Legrand has a strong presence in North and Central America, with a portfolio of well-known product lines that include C2G, Cablofil, Electrorack, Luxul, Middle Atlantic, Nuvo, OCL, On-Q, Ortronics, Pass &amp; Seymour, Pinnacle, QMotion, Quiktron, Raritan, Solarfective, Vantage, Wattstopper, and Wiremold. Legrand is listed on Euronext Paris and is a component stock of indexes including the CAC40, FTSE4Good, MSCI World, ASPI, Corporate Oekom Rating and DJSI (ISIN code FR0010307819) <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.legrand.us%2F&amp;esheet=52349205&amp;newsitemid=20201215006031&amp;lan=en-US&amp;anchor=www.legrand.us&amp;index=3&amp;md5=ca96b0242946601b47e72d294dce2d23\">www.legrand.us<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201215006031r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201215006031\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201215006031\/en\/<\/a><\/span><\/p>\n<p>\nTom Lodge<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:PR@sonos.com\">PR@sonos.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Consumer Electronics Technology Residential Building &amp; Real Estate Audio\/Video Construction &amp; Property Building Systems<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201215006031\/en\/847041\/3\/Global_Marketing_Sonos_Logo-Black-Q3FY19_MST-MST_fid32233.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Sonos and Legrand sign multi-year licensing deal Undisclosed terms cover multi-year licensing deal associated with all Legrand multi-room wireless audio products worldwide SANTA BARBARA, Calif.&#8211;(BUSINESS WIRE)&#8211; Sonos (Nasdaq: SONO) and Legrand today announced a multi-year licensing deal to cover the entire range of Legrand\u2019s NUVO multi-room wireless audio products. As part of this agreement, Legrand will pay to license Sonos\u2019 patents for all such audio products. \u201cSonos innovation created multi-room wireless audio &#8211; the technologies we invented enable many of today\u2019s listening experiences and we continue to innovate to enable the experiences of tomorrow,\u201d said Eddie Lazarus, Chief Legal Officer. \u201cWe believe in a fair marketplace where companies compete on a level playing field and contribute with their own innovations &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sonos-and-legrand-sign-multi-year-licensing-deal\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Sonos and Legrand sign multi-year licensing deal&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-400326","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sonos and Legrand sign multi-year licensing deal - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sonos-and-legrand-sign-multi-year-licensing-deal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sonos and Legrand sign multi-year licensing deal - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Sonos and Legrand sign multi-year licensing deal Undisclosed terms cover multi-year licensing deal associated with all Legrand multi-room wireless audio products worldwide SANTA BARBARA, Calif.&#8211;(BUSINESS WIRE)&#8211; Sonos (Nasdaq: SONO) and Legrand today announced a multi-year licensing deal to cover the entire range of Legrand\u2019s NUVO multi-room wireless audio products. As part of this agreement, Legrand will pay to license Sonos\u2019 patents for all such audio products. \u201cSonos innovation created multi-room wireless audio &#8211; the technologies we invented enable many of today\u2019s listening experiences and we continue to innovate to enable the experiences of tomorrow,\u201d said Eddie Lazarus, Chief Legal Officer. \u201cWe believe in a fair marketplace where companies compete on a level playing field and contribute with their own innovations &hellip; Continue reading &quot;Sonos and Legrand sign multi-year licensing deal&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/sonos-and-legrand-sign-multi-year-licensing-deal\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-15T20:03:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201215006031r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sonos-and-legrand-sign-multi-year-licensing-deal\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sonos-and-legrand-sign-multi-year-licensing-deal\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Sonos and Legrand sign multi-year licensing deal\",\"datePublished\":\"2020-12-15T20:03:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sonos-and-legrand-sign-multi-year-licensing-deal\\\/\"},\"wordCount\":435,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sonos-and-legrand-sign-multi-year-licensing-deal\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20201215006031r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sonos-and-legrand-sign-multi-year-licensing-deal\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sonos-and-legrand-sign-multi-year-licensing-deal\\\/\",\"name\":\"Sonos and Legrand sign multi-year licensing deal - 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