Seeking Alpha

Google, Cisco sign patent cross-licensing deal

  • Less than two weeks after announcing a patent cross-licensing deal with Samsung, Google (GOOG) says it has reached one with Cisco (CSCO). Terms are undisclosed. (PR)
  • Both Google and Cisco have directly and indirectly targeted in a number of high-profile IP suits, and each has argued in favor of patent law reform aimed at reducing the number of suits filed by patent trolls. In their PR, the companies at least give the impression their cross-licensing deal is focused on avoiding litigation rather than monetizing IP.
  • Google is fresh off reaching a deal to sell Motorola Mobility to Lenovo, a move that reduces (but doesn't eliminate) its hardware-related patent exposure. Google is holding onto the "vast majority" of Motorola's patents.
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