Microsoft and LG sign patent agreement

Microsoft and LG Electronics have come together to sign a patent agreement which will deliver broad coverage under Microsoft’s patent portfolio for LG’s tablets, handsets, and other consumer devices as long as they are powered by Google’s Android or Chrome operating systems. Apart from the fact that an agreement has been drawn up between the two, there is very little else revealed, although you can read what Horacio Gutierrez, corporate vice president and deputy general counsel, Intellectual Property Group at Microsoft, has to say about this patent agreement after the jump.

“We are pleased to have built upon our longstanding relationship with LG to reach a mutually beneficial agreement. Together with our 10 previous agreements with Android and Chrome OS device manufacturers, including HTC, Samsung and Acer, this agreement with LG means that more than 70 percent of all Android smartphones sold in the U.S. are now receiving coverage under Microsoft’s patent portfolio. We are proud of the continued success of our program in resolving the IP issues surrounding Android and Chrome OS.” [Press Release]