Sunday, January 26, 2014

Samsung Electronics and Google Sign Patent Deal

Samsung Electronics and Google announced a 10-year, global patent cross licensing deal.  The arrangement provides both companies with access to each other’s patent portfolios.

“We’re pleased to enter into a cross-license with our partner Samsung,” said Allen Lo, Deputy General Counsel for Patents at Google. “By working together on agreements like this, companies can reduce the potential for litigation and focus instead on innovation.”