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Friday, February 7, 2014

Cross-licence patent agreement for Cisco and Samsung Electronics

Cisco and Samsung Electronics have entered into a cross-licence patent agreement that covers the two companies’ existing patents as well as those filed over the next 10 years.

It’s a similar deal to the agreement between Samsung and Google that was announced last month.

Dan Lang, Cisco’s Vice President of Intellectual Property. said “Innovation is stifled all too often in today’s overly-litigious environment. By cross-licensing our patent portfolios, Cisco and Samsung are taking important steps to reverse the trend and advance innovation and freedom of operation.”

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Author: The Fonecast
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Tags: samsung legal patent cisco

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