2. Google and Samsung's patent agreement:
In a bold move aimed at stymieing the rampant lawsuits over the infringement of patented technologies, Google has signed a global patent cross-license agreement that allows the two firms access to each other’s key technologies and patents. This agreement grants the two firms access to all current patents and the patents filed in the next ten years. Samsung, in particular stands to gain from this agreement. Allen Lo, the Deputy General Counsel for Patents at Google has said that by working together on agreements, companies can reduce the potential for litigation.
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