WASHINGTON: South-Korean
technological giant LG and Google have entered into a long-term patent
cross-licensing agreement covering a broad range of products and
technologies.
The agreement covers the two companies’ existing patents as well as those filed over the next 10 years.
“We’re pleased to enter into this
agreement with a leading global technology company like LG,” said Allen
Lo, deputy general counsel for patents at Google.
“By working together on cross-licenses
like this, companies can focus on bringing great products and services
to consumers around the world.
This agreement builds on the long-standing strong alliance between Google and LG Electronics,” the companies said.
“LG values its relationship with Google,
and this agreement underscores both companies’ commitment to developing
new products and technologies that enhance consumers’ lives,” said J.H.
Lee, executive vice president avia thenewstribe.com/
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