Samsung inks 10-year patent deal with Google

By VCPOST Staff Reporter

Jan 26, 2014 09:57 PM EST

Samsung has announced that it has entered a patent agreement with Android operating system maker Google covering all present licensing deals and those which will be filed within the next ten years, according to TechCrunch.

The said agreement will boost the two tech giants' positions against licensing litigations from its rivals, especially Apple, over the Android-powered handsets and tablets of Samsung. It also shows that the patents Google acquired from Motorola are being used well across the Android ecosystem. Lastly, this deal shows that even if Samsung makes its own mobile platform independent from Android, it will still be cooperating with Google, the report detailed.

Samsung and Google released a short statement about the cross-licensing agreement. However, the financial details of the deal were not covered in the statement, the report noted.

In a statement, Samsung Intellectual Property Center head Dr. Seungho Ahn said of the deal: "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."

In addition, Samsung has also secured deals with Intellectual Ventures, Microsoft, and Nokia, TechCrunch reported.

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