It’s no secret that nasty patent lawsuits has continuously becoming a big problem between many tech industries. And to avoid clashing into each other in the future, tech giants, Google and Samsung has entered a 10-year agreement with Google to ensure that both will share one’s patent plans with each other.
Both companies clearly stated their intention in keeping their great relationship with each other, which resulted in this safe measure to avoid any patent war in the future.
“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, the 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.”
Samsung has also noted in it’s announcement that the agreement doesn’t cover some fields, but failed to mention as to which they might be.
971 total views, 3 views today