LG and Google announced a global patent agreement. The cross-licensing deal is a long-term one and covers a broad range of products and technologies.
The agreement covers the tech giant’s existing patents, as well as those that will be filed in the next ten years. specific terms of the partnership have not been disclosed.
Naturally, both LG and Google are pleased with the outcome. By getting possible patent litigation out of the way, both companies will be able to fully focus on product development.