Friday, October 30, 2015

SAP and Google Enter Patent Cross-Licensing Deal

Google and SAP have entered into a long-term patent cross licensing agreement that covers a broad range of products and technologies.

Both companies joined the LOT Network in 2014, a community-based patent-licensing agreement designed to reduce for its members patent troll litigation and the growing practice of patent privateering.

“We are pleased to enter into this agreement with a leading global technology company like SAP and welcome discussions with any company interested in similar arrangements,” said Kirk Dailey, Head of Patent Transactions at Google. “Cross-license agreements like this enable companies to focus on bringing great products and services to consumers around the world.”

http://www.sap.com