MOUNTAIN VIEW, Calif. and
GOLDEN VALLEY, Minn., May 5, 2016 /PRNewswire/ -- Google Inc. and
Honeywell (NYSE: HON) today announced that they have reached
a long-term patent cross-license agreement reflecting the
respective strength of the companies' patent
portfolios. Google and Honeywell believe that this patent
accord promotes product innovation and consumer choice in the
market for smart home products. The agreement fully resolves
pending patent litigation between Honeywell and Nest
Labs. Terms of the agreement are otherwise confidential.
About Google Inc.
Larry
Page and Sergey Brin founded
Google in September 1998. Since then,
the company has grown to more than 50,000 employees worldwide, with
a wide range of popular products and platforms like Search, Maps,
Ads, Gmail, Android, Chrome, and YouTube. In October 2015, Alphabet became the parent holding
company of Google. You can read more about Alphabet's mission
here.
About Honeywell
Honeywell (www.honeywell.com) is a
Fortune 100 diversified technology and manufacturing leader,
serving customers worldwide with aerospace products and services;
control technologies for buildings, homes, and industry;
turbochargers; and performance materials. For more news and
information on Honeywell, please visit
www.honeywell.com/newsroom.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/google-and-honeywell-resolve-patent-dispute-300264034.html
SOURCE Honeywell; Google Inc.