Wednesday, 5 November 2014

LG Partners With Google in 10-year Patent Cross-Licensing Agreement



US tech giant Google and Korean smartphone manufacturer LG has signed a decade long agreement that will witness sharing their patents over a wide range of products and technologies, this patent agreement will cover the existing patents as well as those filed over next 10 years between two tech giants.
This deal will open the doors for both the companies to work freely on each other’s products and technologies without any fear of  patent litigation, both the companies will be able to embed unique technologies in their products without any prior consent.
 This  decade long agreement with LG give a clear indication that Google desires to keep on good terms with key Android partners ,In January this year Google  signed  a similar patent deal with Samsung to remove patent barriers.



Post by Sagacious IP

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