Following its similar deal with Samsung earlier this year, Google has just entered a cross-licensing patent agreement with South Korea's second largest smartphone manufacturer, LG Electronics. The deal covers both companies' current patents and those filed over the next ten years. The patents in question span "a broad range of products and technologies" as per LG's press release.
LG's relationship with Google has been solid over the past couple of years, with the company getting chosen to develop two Nexus devices. Read More
It wasn't that long ago when Google announced that it had entered a cross-licensing deal with Samsung, and just two days ago, it entered one with Cisco as well. Not to be left out, Samsung announced today that it, too, had signed a deal with Cisco. As a part of this deal, both companies will have access to the other's patent portfolios for the next ten years.
Like the deals that came before, this agreement aims to reduce the risk of unnecessary patent lawsuits in the future. Read More
Through its official global blog, Samsung today announced a new patent licensing deal reached with Google, whereby both companies will have access to each other's existing patents and those filed over the next ten years, covering "a broad range of technologies and business areas."
The cross-licensing agreement is described by Google's Deputy General Counsel for Patents, Allen Lo, as one that will help the two giants "reduce the potential for litigation, and focus instead on innovation." Read More