KOREAN ELECTRONICS GIANT Samsung has signed a 10 year patents cross-licensing deal with Cisco that it said gives the firms more room to innovate without fearing legal action.
Although details have not been disclosed, Samsung's cross-licensing agreement with Cisco comes just days after similar agreements between Samsung and Google and Google and Cisco, which see the three firms getting together to share patents.
Dr Seungho Ahn, head of Samsung's intellectual property centre welcomed the agreement, and said it will benefit both Samsung and Cisco going forward. He said, "We look forward to working with Cisco. We expect this agreement to result in mutual growth and, ultimately, for the benefit of both companies' customers across the world."
Cisco VP of intellectual property Dan Lang added that the move shows the importance of putting an end to senseless patent litigation, saying, "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."
Samsung and Cisco's partnership likely was a thought out agreement, as it comes after Apple, Blackberry, Microsoft and Sony formed the Rockstar Consortium of patent holders in 2012, which has since used its vast patent porfolio to sue other companies.
The Rockstar Consortium went after Google in 2012 over seven patents related to linking advertisements with search results that it said Google "willfully infringed".
IBM and Twitter also signed a patents cross-licensing agreement last week that saw Twitter pick up 900 of Big Blue's patents. µ
Pre-orders to begin on 9 September with release to follow on 16 September
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