Google and Verizon enter into patent agreement to avoid future litigation and thwart patent trolls
Google and Verizon announced on Tuesday that they have entered into a long-term patent cross-licensing agreement to “reduce the risk” of future litigation (via VentureBeat). Both companies expressed interest in reaching similar agreements with other large tech companies in an effort to thwart patent trolls that assert their patents in the courtroom in an effort to pad their pockets.
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