Google and Samsung have reportedly signed a long-term cross-licensing deal, taking into account their existing patents and the future ones filed over the next 10 years.
The two companies are popularly known for their association over the Android operating system and have now signed the deal touted 'mutually beneficial'.
Although, the two technology companies did not reveal the exact nature of patents covered under the new deal, they didn't fall short of taking pot shots at Apple for its alleged patent battle with Samsung, Cnet reports.
Head of Samsung's Intellectual Property Center, Seungho Ahn, said that Samsung and Google are showing the rest of the industry that there is more to gain from cooperating than engaging in unnecessary patent disputes.
Meanwhile, deputy general counsel for patents at Google Allen Lo, said that by working together on agreements like this, companies can reduce the potential for litigation and focus instead on innovation.
As Samsung and Apple have been embroiled in patent battle related to mobile technology across continents, the court has ordered the two companies to hold talks by February 19 to try to resolve their issues before facing the jury in March.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
