Google and Samsung Sign 10-Year ‘Global’ Patent Agreement

(Credit: PCWorld)
(Credit: PCWorld)

Google and Samsung have signed a “global patent cross-license agreement” that covers the companies’ existing patents and future ones over the next 10 years.

In a brief statement released Sunday, Google and Samsung said the agreement covers “a broad range of technologies and business areas” without going into specifics.

By working together on agreements like this, companies can reduce the potential for litigation and focus instead on innovation, Allen Lo, Google’s deputy general counsel for patents, said in the statement.

Samsung, of course, has been locked in a variety of legal disputes over mobile patents with rival Apple for years. For example, in one of the lawsuits in the U.S., Samsung wasordered to pay about $930 million in damages to Apple last year.

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SOURCE: @JuanCPerezIDG

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