Wednesday, September 27, 2017

Google and Cisco entered into a long-term patent deal

Google has concluded a long-term contract with Cisco on the licensing and use of each other's patents. Cisco Systems is the world's largest developer and manufacturer of network equipment designed to support remote access networks, security services, storage networks and other tasks. Reportedly, Google wants to focus on its own products, rather than on litigation with other companies.
The companies announced a deal officially on their websites . Dan Lang, Cisco vice president of intellectual property, said:
In today's overly controversial environment, cross-licensing is an effective way for technology companies to work together and help prevent unnecessary patent claims. This agreement is an important step in promoting innovation and ensuring freedom of development.
Google and Cisco are members of the Coalition of Patent Equity. Allen Law, deputy general counsel for patents at Google, said that Google encourages such deals with interested companies. Recall that earlier Google entered into a similar deal for a period of 10 years with Samsung.

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