Good News for All Samsung and Google lovers as both have signed long-term cooperative partnership with a global patent cross-license agreement that includes a broad range of technologies and business areas. The agreement is of ten-year, covering the two companies’ existing patents along with those filed for more than the next 10 years.
These two big giants that control thousands of patents said the deal will further their “long-term cooperative partnership”. Allen Lo, Google’s Deputy General Counsel for Patents in the statement, “By working together on agreements like this, companies can reduce the potential for litigation and focus instead on innovation.” We have seen this agreement for 2+ years after a patent cross-license deal has signed by Samsung with Microsoft that was mentioned at the time as a drive to Google. Until now, the two companies have not had a formal intellectual property as the Korean company and Google long been allies as a result of their use of the Android OS.
Lo’s comment about “innovation” seems to be reprove to Apple, Microsoft and other companies that uses a controversial technique known as “privateering” in which they are arming shell companies with old patents. The shell companies that is largely resistant from counter-suits as they didn’t have assets and set about demanding money from productive companies. Reacting on this situation, a Google spokesperson in response to an email question said, “Privateering lets a company split its patent portfolio into smaller sub-portfolios “stacked” on each other, increasing the number of entities a firm must negotiate with and multiplying licensing costs. This behavior unfairly raises competitors’ costs, ultimately driving up prices for consumers.”
According to statements, it doesn’t mentioned how many patents are involved, but noticed that “the agreement covers the two companies’ existing patents as well as those filed over the next 10 years.” This deal also comes when they have been on the losing the series of lawsuits over the rights to smartphone technology with Apple.