4:58 pm Cisco and Samsung enter into patent cross-license agreement (CSCO): CSCO and Samsung Electronics Co., Ltd. today announced they have entered into a patent cross-license agreement, effective immediately. Both companies gain access to each other's industry-leading patent portfolios under the agreement, which covers a broad range of products and technologies.
The mutually beneficial agreement covers the two companies' existing patents as well as those filed over the next 10 years.This type of patent agreement reduces the risk of potential litigation and instead puts the focus on innovation for future products and services
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