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Google, Verizon Sign Patent Pact

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Dec 16, 2014, 11:21 AM   by Eric M. Zeman

Google and Verizon Communications today entered into a multi-year patent cross-licensing agreement. The companies said the agreement covers a "broad range of products and technologies" and will help them "reduce the risk of future patent litigation." Both companies expressed interest in making similar patent-protection agreements with other high-tech businesses. Verizon Communications is the parent company of Verizon Wireless.

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