Samsung and Google have agreed on a global patent cross-license deal.
The agreement covers the two companies’ existing patents as well as those filed over the next ten years.
Samsung and Google will gain access to each other’s patent portfolios, paving the way for deeper collaboration on research and for the development of current and future products and technologies.
“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.”
“This agreement with Google is highly significant for the technology industry,” said Dr. Seungho Ahn, head of Samsung’s Intellectual Property Center. “Samsung and Google are showing the rest of the industry that there is more to gain from cooperating than engaging in unnecessary patent disputes.”