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The agreement marks the latest collaboration among tech giants. In the past weeks, Samsung also reached deals with Google and Ericsson.
The two companies are pretty vague about the terms but take veiled shots at Apple.
Software giant and printer maker Lexmark enter a patent cross-licensing agreement, designed to encompass a wide swath of their products.
The two companies will share intellectual property on a "broad range of products and services," including those for certain digital imaging and mobile consumer products.
LG tightens ties with Google in a patent cross-licensing agreement that is set to last for at least a decade, following similar moves by Korean rival Samsung earlier this year.
The new patent cross-licensing agreement is designed to protect both companies from patent lawsuits.
The Korean electronics giant agrees to make ongoing royalty payments to Ericsson under a cross-licensing deal on cellular technologies.
The maker of mobile chips and now smartwatches, too, gets itself a much larger war chest for patent lawsuits or cross-licensing deals.
Apple has reached patent licensing agreements with Access Co., the Japanese company that owns some patents related to the Palm operating system, as well as Bell Communications Research and Geoworks.
Two more consumer-electronics firms pony up to get rights to Microsoft's patents covering devices running Chrome and Android.