Two of the world’s largest electronics makers, Samsung and Sony, announced today a broad cross-licensing agreement that will allow each company to take advantage of the other’s technology. The companies, which reported negotiating the deal for about a year, said they would both benefit from one another’s substantial patent portfolios. They highlighted digitization and broadband network technologies. Martin Reynolds of Gartner praised the patent agreement and said
it will help foster innovation.
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Samsung, Sony Sign Sweeping Patent Deal
Posted by: Jay Lyman December 14, 2004 11:46 AMTwo of the world’s largest electronics makers, Samsung and Sony, announced today a broad cross-licensing agreement that will allow each company to take advantage of the other’s technology. The companies, which reported negotiating the deal for about a year, said they would both benefit from one another’s substantial patent portfolios. They highlighted digitization and broadband network technologies. Martin Reynolds of Gartner praised the patent agreement and said
it will help foster innovation.