Cross licensing deal signed relating to smartphones, TVs and Blu-ray technology.

sony headquarters 2 163512a -
sony headquarters 2 163512a -

Sony and LG have signed a new cross-licensing deal, ending a legal tussle over rights to Blu-ray technology, Reuters reports.

Back in February, LG had shipments of PlayStation 3s into Holland seized after winning an injunction to prevent Sony's console from entering Europe for 10 days. LG claimed that Sony was infringing its patent by using Blu-ray technology.

"LG and Sony recently agreed to drop patent infringement lawsuits against each other," a spokeswoman at South Korea's LG Electronics told Reuters. Sony also confirmed this.

The new cross-licensing deal means an end to disputes relating to smartphones, TVs and Blu-ray.

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