Korean manufacturer Samsung has not had the best of luck from the constant onslaught of patent suits from Apple and others over the past two years. With that in mind and with Google expanding into the hardware space, the two companies announced a cross licensing agreement over the weekend.
We’re pleased to enter into a cross-license with our partner Samsung,” said Allen Lo, Deputy General Counsel for Patents at Google. “By working together on agreements like this, companies can reduce the potential for litigation and focus instead on innovation.”
The goal as stated in the Samsung blog is to, “…gain from cooperating than engaging in unnecessary patent disputes.” This also keeps Google in Samsung in the same camps in the future from engaging each other in suits (see Galaxy Glass). The benefit will cover a “broad range of patents”, and a cooperative agreement with each other with new patents over the next ten years.
The conventional wisdom has been acceptance. Both companies wish to innovate rather than litigate. With thousands of patents shared between the two companies, they can use those as defensive leverage from further lawsuits.
The statement from Samsung confirms:
With this agreement, Samsung and Google gain access to each other’s industry-leading patent portfolios, paving the way for deeper collaboration on research and development of current and future products and technologies.”
The full statement from the Samsung Electronics blog can be read here. A lot of these suits will probably continue, but many analysts feel that Samsung has gained a little shelter and Google has helped solidify their stance with a successful partner in distributing Android.
Do you think this agreement will stall any further litigation? Let us know if you think this agreement will prove to be valuable or detrimental to Google in the comments.