Google And Verizon Sign A Global Patent License AgreementBy cheatmaster 06:40 Thu, 22 Jul 2021 Comments
Google and Verizon Wireless entered into a patent cross-license agreement. The long-term deal between the search giant and the Big Red covers a broad range of products and technologies.
Unsurprisingly, avoiding future patent litigation is the main reason behind the deal between the two companies. A cross-license agreement will allow both Google and Verizon to focus on innovation.
Both tech giants are interested in reaching similar arrangements with other companies.
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