Google announced a long-term patent cross-licensing deal with Cisco Systems today, and the agreement covers a broad range of IP offered by both companies. The new partnership follows a similar agreement between the search giant and Samsung, which allows Google and Samsung to cross-license one another’s patents through 2024.
Google Inc entered into a patent cross-licensing agreement with Cisco Systems Inc, the internet search giant’s second such deal in as many months. Google’s shares were up one percent at $1,145 in premarket trading on Tuesday. The “long-term” agreement is an effective way to help prevent unnecessary patent lawsuits, the companies said in a statement. “We’re pleased to enter into this cross-license, and we welcome discussions with any company interested in a similar arrangement,” said Allen Lo, Google’s deputy general counsel for patents.
NOTE: TECHi Two-Takes are the stories we have chosen from the web along with a little bit of our opinion in a paragraph. Please check the original story in the Source Button below.
TECHi weighs both sides before reaching a conclusion.
TECHi’s editorial take above outlines the reasoning that supports this position.
The Pentagon plans to add Alibaba, Baidu, and BYD to its list of Chinese companies linked to the military. This…
Nvidia is pushing hard against doubters like Michael Burry, the Big Short star, who question its sky-high value. The company…
Amazon is currently under investigation by the U.S. Federal Aviation Administration (FAA) following an incident where one of its delivery…
The launch of Starlink’s direct-to-cell service in Ukraine indicates a moment when technology goes beyond mere convenience, it becomes a…
