diff --git a/COPYING.md b/COPYING.md
new file mode 100644
index 0000000..d6fc20b
--- /dev/null
+++ b/COPYING.md
@@ -0,0 +1,38 @@
+Embedded Multicore Building Blocks (EMBB)
+=========================================
+
+Overview
+--------
+
+This project is licensed under the BSD 2-clause license given below.
+
+The MTAPI header file is copyrighted by the Multicore Association
+(http://www.multicore-association.org/) and licensed under the BSD 3-clause
+license (see file include\embb\mtapi\c\mtapi.h).
+
+License
+-------
+
+Copyright (c) 2014, Siemens AG. All rights reserved.
+
+Redistribution and use in source and binary forms, with or without
+modification, are permitted provided that the following conditions are met:
+
+1. Redistributions of source code must retain the above copyright notice,
+   this list of conditions and the following disclaimer.
+
+2. Redistributions in binary form must reproduce the above copyright notice,
+   this list of conditions and the following disclaimer in the documentation
+   and/or other materials provided with the distribution.
+
+THIS SOFTWARE IS PROVIDED BY THE COPYRIGHT HOLDERS AND CONTRIBUTORS "AS IS"
+AND ANY EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, THE
+IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE
+ARE DISCLAIMED. IN NO EVENT SHALL THE COPYRIGHT HOLDER OR CONTRIBUTORS BE
+LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, OR
+CONSEQUENTIAL DAMAGES (INCLUDING, BUT NOT LIMITED TO, PROCUREMENT OF
+SUBSTITUTE GOODS OR SERVICES; LOSS OF USE, DATA, OR PROFITS; OR BUSINESS
+INTERRUPTION) HOWEVER CAUSED AND ON ANY THEORY OF LIABILITY, WHETHER IN
+CONTRACT, STRICT LIABILITY, OR TORT (INCLUDING NEGLIGENCE OR OTHERWISE)
+ARISING IN ANY WAY OUT OF THE USE OF THIS SOFTWARE, EVEN IF ADVISED OF THE
+POSSIBILITY OF SUCH DAMAGE.
\ No newline at end of file
diff --git a/COPYING.txt b/COPYING.txt
deleted file mode 100644
index 11aeca5..0000000
--- a/COPYING.txt
+++ /dev/null
@@ -1,40 +0,0 @@
-This project is licensed under the BSD 2-clause license given below.
-
-The MTAPI header file is copyrighted by the Multicore Association
-(http://www.multicore-association.org/) and licensed under the BSD 3-clause
-license (see file include\embb\mtapi\c\mtapi.h).
-
-================================================================================
-
-Copyright (c) 2014 Siemens AG. All rights reserved.
-
-Redistribution and use in source and binary forms, with or without 
-modification, are permitted to Siemens employees only in order to 
-develop Siemens owned applications.
-
-Redistribution and use in source and binary forms, with or without 
-modification, are NOT permitted to external companies or persons unless they
-
- * use it to develop applications for Siemens 
- * commit themselves to not redistribute the software elsewhere.  
-
-Any redistribution must meet the following conditions: 
-
- * Redistributions of source code must retain the above copyright notice, 
-   this list of conditions and the following disclaimer.     
- * Redistributions in binary form must reproduce the above copyright notice, 
-   this list of conditions and the following disclaimer in the documentation 
-   and/or other materials provided with the distribution. 
-    
-    
-THIS SOFTWARE IS PROVIDED BY THE COPYRIGHT HOLDERS AND CONTRIBUTORS "AS IS" 
-AND ANY EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, 
-THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR 
-PURPOSE ARE DISCLAIMED. IN NO EVENT SHALL THE COPYRIGHT OWNER OR 
-CONTRIBUTORS BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, 
-EXEMPLARY, OR CONSEQUENTIAL DAMAGES (INCLUDING, BUT NOT LIMITED TO, 
-PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES; LOSS OF USE, DATA, OR PROFITS; 
-OR BUSINESS INTERRUPTION) HOWEVER CAUSED AND ON ANY THEORY OF LIABILITY, 
-WHETHER IN CONTRACT, STRICT LIABILITY, OR TORT (INCLUDING NEGLIGENCE OR 
-OTHERWISE) ARISING IN ANY WAY OUT OF THE USE OF THIS SOFTWARE, 
-EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGE.