Verizon Wireless has announced that it has signed a patent licence agreement with Google. Specific details about the agreement were not revealed, but Verizon did say it was designed "to lower the risk of frivolous patent litigation."
The company added:
Verizon has long championed patent reforms and industry actions that promote innovation. We're pleased that today's licensing deal with Google will help reduce the supply of patents that so-called patent trolls can assert against us. We look forward to striking similar deals with other high-tech companies also concerned with the innovation tax that patent trolls often collect. But these deals can't fix the system by themselves. More needs to be done. We continue to support Congress's effort to enact meaningful patent litigation reform in the coming year.
Source: Verizon Wireless