Google and Samsung Agree upon a Ten Year Patent Deal

Thanks to the long standing feud between Apple and Samsung, patents have become one of the most talked about topic in the world of consumer tech. However, if you like a bit of drama and thought that something similar might happen between Samsung and the other giant of the industry in Google, then well, sorry to disappoint, but that is not happening. Rumors have been adrift that not all is so well between Samsung and Google, but f the latest announcement, i.e. the two have decided to share their patents for the next years is to go by, it all looks like a happy rosy family. The deal includes sharing the patent portfolios that are already existing and may come in new in the next 10 years.


Allen Lo, the Deputy General Counsel for Patents at 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.

Similar noises are coming from Samsung’s camp as their Head of Intellectual Property Center, Dr. Seungho Ahn said:

This agreement with Google is highly significant for the technology industry, Samsung and Google are showing the rest of the industry that there is more to gain from cooperating than engaging in unnecessary patent disputes

Looks like there indeed is a lesson for the other so called big names here to be taken as these court cases do very little to help the world of technology in marching forward. We hope several others take notice of the same and this is first of several such moves.

Via: technobuffalo

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