LG, GOOGLE Sign A Patent Agreement

LGOOGLE Patent Share. http://snapvoip.blogspot.com/
LG-GOOGLE has signed a patent sharing agreement enabling the duo to cross-license of all existing patents between the duo, and any new fillings / awards over next decade.

LG already collaborates with Google in producing Nexus devices and both are important to each other. LG has become a strong player in the Android arena and it will be advantageous for Google to have LG on the friendly side.

SEOUL and MOUNTAIN VIEW, Calif., Nov. 5, 2014 — LG Electronics Inc. (LG) and Google Inc. have entered into a long-term patent cross-licensing agreement covering a broad range of products and technologies. The agreement covers the two companies’ existing patents as well as those filed over the next 10 years.

 

“We’re pleased to enter into this agreement with a leading global technology company like LG,” said Allen Lo, deputy general counsel for patents at Google. “By working together on cross-licenses like this, companies can focus on bringing great products and services to consumers around the world.”

 

This agreement builds on the long-standing strong alliance between Google and LG Electronics, the companies said. 

 

“LG values its relationship with Google, and this agreement underscores both companies’ commitment to developing new products and technologies that enhance consumers’ lives,” said J.H. Lee, executive vice president and head of the LG Electronics Intellectual Property Center.