Google and LG have entered into a new agreement that will see both companies cross-licensing technology patents and products that covers all existing patents as well as any filed during the next decade. Google says the point of this agreement is to ensure that both companies can focus on innovating rather than worrying about who owns which technology.

Earlier this year Google created a similar agreement with Samsung in an attempt by the Mountain View-based corporation to forge tighter bonds with its Android handset makers while enabling them to take on competition from Apple.

The full press release from Google and LG is included below:

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