Google and Cisco sign cross-license patent deal
Google and Cisco today announced a new deal which sees the two benefiting from playing nice with each other. The two companies will license patents to the other in an attempt to promote innovation and freedom of operation. Rather than fight it out in court and waste time with litigation and damages, the pair are essentially strengthening their respective portfolios.
“Our agreement with Cisco will reduce the potential for litigation, letting us focus instead on building great new products…We’re pleased to enter into this cross-license, and we welcome discussions with any company interested in a similar arrangement.”
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