LG and Google have been buddy-buddy for the past couple of years, teaming up on the Nexus 4, Nexus 5 and G Pad 8.3 Google Play edition. There aren’t any new LG-made Nexus or GPe products launching in 2014, but that doesn’t mean that LG and Google are no longer pals.
LG and Google have signed a global patent cross-licensing agreement that covers “a broad range of products and technologies.” Included are any of LG and Google’s existing patents as well as any that are filed in the next 10 years.
“We’re pleased to enter into this agreement with a leading global technology company like LG. By working together on cross-licenses like this, companies can focus on bringing great products and services to consumers around the world,” said Allen Lo, Google’s general counsel for patents.
Not only is it always awesome to see companies working together, but patent cross-licensing agreements are definitely preferable to patent lawsuits. Go LG and Google!
Via LG