Earlier today we heard that Google and Samsung had signed a patent licensing deal, and now Samsung has also settled a patent dispute with Ericsson.
According to re/code the details of the agreement have not been disclosed although Ericsson has said that it will boost the company’s fourth quarter sales by $652.3 million.
“We are pleased that we could reach a mutually fair and reasonable agreement with Samsung. We always viewed litigation as a last resort,” Ericsson Chief Intellectual Property Officer Kasim Alfalahi said in a statement. “This agreement allows us to continue to focus on bringing new technology to the global market and provides an incentive to other innovators to share their own ideas.”
This new agreement will out an end to patent litigation between Ericsson and Samsung and also the complaints that have be filed with the ITC in the US.