Google, Samsung enter global patent cross-licensing agreement

Google Inc and Samsung Electronics Co Ltd, which are frequently involved in patent infringement lawsuits but not against each other, announced on Sunday that they have reached a global patent cross-licensing agreement.

The deal covers patents currently owned by the companies, as well as any filed in the next 10 years, the companies said in a release. Financial terms were not disclosed.

The companies said the deal "would lead to deeper collaboration on research and development of current and future projects."