Samsung and Google sign 10-year cross-license agreement
Samsung is the top selling Android OEM and, as such, it is heavily relying on Google’s OS –despite forgotten rumors trying to predict that Samsung will at one point ditch Android– something which is also valid the other way around. The two companies have today announced a ten-year licensing agreement, which will grant the two giants access to each others’ exhaustive patent portfolios.
The official wording calls is a “mutually beneficial” deal “covering a broad range of technologies and business areas”. In addition to sustaining innovation, the cross-licensing agreement will also reduce the number of patent lawsuits between the two companies, as Google’s Allen Lo said: “by working together on agreements like this, companies can reduce the potential for litigation and focus instead on innovation”.
“Samsung and Google are showing the rest of the industry that there is more to gain from cooperating than engaging in unnecessary patent disputes”, said Dr. Seungho Ahn, Head of Samsung’s Intellectual Property Center.