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Samsung and Google enter agreement to cross-license each other’s patents

Samsung has announced that they have entered into an agreement with Google to cross-license each other’s patents. This is refreshing news in the wake of all of the patent lawsuits we have heard about in the last few years.

The deal allows the companies to access a large range of each other’s patents, including new ones filed for the next 10 years.

Allen Lo of Google said:

We’re pleased to enter into a cross-license with our partner Samsung.

By working together on agreements like this, companies can reduce the potential for litigation and focus instead on innovation.

With Google’s continued work on getting into the hardware business, this could open many doors.

Samsung’s head of Intellectual Property Center, Dr. Seungho Ahn had this to say:

Samsung and Google are showing the rest of the industry that there is more to gain from cooperating than engaging in unnecessary patent disputes.

As Samsung is the company behind the best-selling Android phones, the idea of lawsuits between the two companies was likely not high, but having an agreement like this in place may help speed up innovation between the two companies as they can count on roadblock-free licensing.

 

Source: Samsung

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