Despite Long, Litigious Past, Samsung and Google Announce 10 Year Cross-Licensing AgreementThe agreement comes after years of patent disputes over smartphones and tablets.

ByBenjamin Kabin

Opinions expressed by Entrepreneur contributors are their own.

AreGoogleandSamsungfrenemies now? After years of litigation over mobile technologypatents, it appears as though the tech giants have finally made peace. The companies announced today a decade-long cross-licensing agreement that covers existing patents and those that may be filed in the future.

"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," Samsung said in a statement.

Both companies have tens of thousands of patents, however, the statement does not specify which ones are covered under the agreement.

Two years ago, Samsung agreed to pay Microsoft royalties and collaborate on the development of Microsoft-based phones in order to avoid going to court over violating its patents. At the time, the agreement wasseen as a setback to Googlewhich had been attempting to establish itself as the standard in mobile operating systems by giving its Android software to smartphone and tablet makers for free.

The deal with Google comes at a rough patch for Samsung, which could be strategically aligning itself as it continues to fight a major dispute with Apple. Last November, a U.S. jury in federal court ordered Samsung to pay Apple roughly $290 million in damages. The companies have agreed to a mediation meeting sometime before Feb. 19.

Related:In Patent War, Apple and Samsung to Try Mediation Before March Court Date

Wavy Line
Benjamin Kabin

Journalist

本杰明Kabin是一个在布鲁克林区的技术nalist who specializes in security, startups, venture capital and social media.

Editor's Pick

Related Topics

Business News

Kristen Bell and Dax Shepard's Family 'Stranded' at Boston Airport During 9-Hour Delay: 'We Made Quite a Home Here'

The actors spent $600 on pillows and blankets while waiting for their flight.

Marketing

How ChatGPT Is Changing Digital Marketing (for Better or Worse)

The current state-of-play strengths, weaknesses and potential of this breakthrough tech, and why owners and other execs should be aware of its capability gaps.

Business News

Mark Zuckerberg's Net Worth Soars to $113 Billion after Meta Stock Surges — Making Him the 9th Richest Person in the World

Mark Zuckerberg experienced a remarkable boost in his wealth, with gains of up to $9 billion, after Meta's stock surged by 9% following a robust second-quarter earnings report.

Business News

What Is a 'Lazy Girl Job'? New TikTok Trend Empowers Women to Work However They Want

The trend began as a way for women to find more free time during their days.

Devices

Get an Extra Discount on a Tiny Camera, Just $60.99

This camera may be little, but there's a ton you can do with it.

Real Estate

How to Utilize Exclusive Rights and Use Clauses in Commercial Real Estate

From use clauses to tenant-landlord agreements, knowing your rights in commercial real estate is vital.