Microsoft will receive royalties from Nikon under the deal.
Microsoft and Nikon have signed a patent licensing agreement, which covers certain Nikon cameras running Google's Android operating platform.
Microsoft said it will receive royalties from Nikon but did not disclose further details of the deal.
The agreement is the latest in a series of licensing agreements Microsoft has signed with companies including Samsung Electronics, HTC, LG, Acer and Barnes & Noble.
Microsoft has already sued hardware companies who are using Android operating platform. The platform uses technology for displaying icons and synchronising content in devices, which the company claims violates Microsoft's technology.
Microsoft launched its IP licensing programme in December 2003 and signed over 1,100 licensing agreements since then.
The company said the programme was developed to open access to its R&D investments as well as its patent and IP portfolio.
Microsoft general manager of Intellectual Property (IP) Licensing, David Kaefer, said: "Microsoft and Nikon have a long history of collaboration, and this agreement further demonstrates the value that both companies place on responsible IP licensing."
In October 2011, Microsoft and Quanta Computer signed a patent agreement, which covers Quanta's tablets, smartphones and other consumer devices running the Android or Chrome Platform.