InterDigital and Samsung announce patent licence deal

The multi-year agreement also resolves all pending litigation between the companies. The royalty-bearing license agreement sets forth terms covering the sale by Samsung of 3G, 4G and certain future generation wireless products.

The companies did not reveal the terms of the agreement.

"We are very happy to have resolved the licensing dispute with Samsung on mutually agreeable terms. This agreement with Samsung shows how our longstanding patent licensing framework and process can lead to effective, productive discussions and eventual resolution on fair and reasonable terms," said William Merritt, president and chief executive officer of InterDigital. "The agreement also underscores the broad portfolio of technologies we've contributed and continue to contribute to the entire industry, and represents another important step towards our efforts to bring a significant portion of major terminal unit providers under licence."

Samsung also announced a patent licence agreement with Google in January and with Cisco in February.