Google, Samsung announce global patent agreement

Mon Jan 27, 2014 7:55am IST

A man walks out of Samsung Electronics' headquarters in Seoul January 6, 2014. REUTERS/Kim Hong-Ji

A man walks out of Samsung Electronics' headquarters in Seoul January 6, 2014.

Credit: Reuters/Kim Hong-Ji

Related Topics

Stocks

   

(Reuters) - Google Inc (GOOG.O) and Samsung Electronics Co Ltd (005930.KS), which are frequently involved in patent infringement lawsuits but not against each other, announced on Sunday that they have reached a global patent cross-licensing agreement.

The deal covers patents currently owned by the companies, as well as any filed in the next 10 years, the companies said in a release. Financial terms were not disclosed.

The companies said the deal "would lead to deeper collaboration on research and development of current and future projects."

"By working together on agreements like this, companies can reduce the potential for litigation and focus instead on innovation," said Allen Lo, deputy general counsel for patents at Google, in a statement.

Samsung's Seungho Ahn, head of the company's intellectual property center, said the deal showed "the rest of the industry that there is more to gain from cooperating than engaging in unnecessary patent disputes."

The companies have been at the center of the smartphone patent wars, though more as allies than foes. The majority of the litigation - which has sprawled across three continents, has been between Apple (AAPL.O) and the various companies involved in making smartphones based on Google's Android software, including Samsung and Google subsidiary Motorola Mobility.

(Reporting by Diane Bartz; Editing by Marguerita Choy)

FILED UNDER:

REUTERS SHOWCASE

Peshawar Attack

Peshawar Attack

Pakistan PM lifts moratorium on death penalty after school attack.  Full Article 

Safety Concerns

Safety Concerns

Uber plans tighter screening for drivers.  Full Article 

U.S.-Cuba Ties

U.S.-Cuba Ties

U.S., Cuba restore ties after 50 years.  Full Article 

'The Interview'

'The Interview'

U.S. determines N.Korea behind Sony attack as studio pulls movie.  Full Article 

New Tax Regime

New Tax Regime

Cabinet clears bill for nationwide sales tax.  Full Article 

BlackBerry's 'Classic'

BlackBerry's 'Classic'

BlackBerry woos keyboard loyalists with launch of Classic.  Full Article 

A Minute With

A Minute With

A Minute With: Rajkumar Hirani.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device   Full Coverage