Printed from http://www.electronista.com

Samsung and Cisco sign broad decade-long patent cross-licensing deal

updated 10:36 pm EST, Wed February 5, 2014

No financial details of the deal or quantity of licensed patents revealed

Electronics giant Samsung and networking purveyor Cisco have entered into a broad patent agreement. The signing of the deal, the third such omnibus deal by the Korean manufacturer in a week, gives each company access to a wide swath of existing patents held by the other, in addition to future filings for the next decade.

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

"We look forward to working with Cisco," said Dr. Seungho Ahn, the head of Samsung Electronics' Intellectual Property Center. "We expect this agreement to result in mutual growth and, ultimately, for the benefit of both companies' customers across the world."

As with Samsung's deal with Google, and another with Ericcson, no financial details have been made public.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Advertisement

Recent Reviews

Apple 13-inch MacBook Pro (Early 2015)

Although the new darling of the Apple MacBook line up is the all-new MacBook, Apple has given its popular 13-inch MacBook Pro with Ret ...

Seagate Wireless

It seems like no matter how much internal storage is included today's mobile devices, we, as users, will always find a way to fill the ...

Lenovo Yoga Tablet 2 (Android, 10.1-inch)

Lenovo is building a bigger name for itself year after year, including its devices expanding beyond desktop computers. The company's l ...

Advertisement

toggle

Most Commented

 
toggle

Popular News