Google and Samsung sign patent cross-licensing deal

[smurfy]

[url]http://www.reuters.com/article/2014/01/26/uk-google-samsung-patents-idUKBREA0P0Q220140126[/url]
[quote]Google Inc and Samsung Electronics Co Ltd, 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.[/quote]

[ewitwins]

Somehow, that doesn't strike me as something that's going to be consumer-friendly. . .

[BackSapper]

Does this mean they are going to get rid of Touch wiz? Please let it be.

[wooletang]

Samsung and Google already collaborate on most "google products", so I see this as them basically cutting out the bs they have to go through every time they try to do that.

[QUOTE=Article]companies can reduce the potential for litigation and focus instead on innovation[/QUOTE]

[naelstrof]

Wasn't there an article about Intel and Nvidia doing the same thing, but with almost the exact same wording?

[editline]asf[/editline]

[url=http://facepunch.com/showthread.php?t=1348896]Found it[/url], glad companies I care about are pushing for innovation and open technology.