agreed on long-term cooperation in the field of patent licensing, both existing and those that will appear in the next 10 years.
Here's how to the deal, Allen Lo (Deputy Chief Legal Adviser on Google patents): "we are delighted to enter into this agreement with such company like LG. Working together on cross-platform licenses, companies can focus on creating great products and services for people around the world".
LG and Google is not the first time working together. The Korean company has already made smartphones Nexus 4 and Nexus 5 commissioned by the search giant. This agreement will allow the exchange of their own technologies to create new products, that is certainly a boon for both companies.