Written by News 1st
27 Jan, 2014 | 10:11 am
Google and Samsung have signed a global patent cross-licensing agreement aimed at reducing “the potential for litigation” and enhancing innovation.
The deal will cover “a broad range of technologies and business areas” and apply to both existing patents and any filed over the next decade.
Both companies already work together closely, with Samsung using Google’s Android mobile operating system. Few other details were provided in a statement posted online.
But the deal was called “highly significant for the technology industry” and reduces the likelihood of Google and Samsung facing each other in court over intellectual property.
The move is also expected to strengthen their position against rivals such as Apple, which has filed multiple lawsuits worth billions of dollars for alleged patent infringements.
“Samsung and Google are showing the rest of the industry that there is more to gain from co-operating than engaging in unnecessary patent disputes,” Seungho Ahn, head of Samsung’s Intellectual Property Center said in the statement.
Samsung faces lawsuits from Apple in the US and South Korea over mobile technology patents.
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