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Sony and LG Drop Patent Lawsuits
Posted By Elizabeth Sile On August 12, 2011 @ 9:16 am In Managing Technology | 1 Comment
The companies announced Thursday  that they agreed to drop patent lawsuits against each other, and LG announced that it signed a cross-licensing deal. The two companies have been in dispute over many products in the U.S. and Europe after they didn’t renew a technology sharing agreement three years ago.
Sony filed a complaint to block LG’s Rumor Touch and other smartphones in the U.S., while LG said Sony’s PlayStation 3 infringed on its Blu-ray technology.
Read more at Reuters .
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URL to article: http://technology.inc.com/2011/08/12/sony-and-lg-drop-patent-lawsuits/
URLs in this post:
 Sony: http://technology.inc.comwww.sony.com
 LG Electronics: http://technology.inc.comwww.lg.com
 Blu-ray: http://technology.inc.comwww.blu-ray.com
 announced Thursday: http://www.reuters.com/article/2011/08/11/us-sony-lg-idUSTRE77A0AF20110811
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