crosslicensing

Verb

crosslicense (third-person singular simple present crosslicenses, present participle crosslicensing, simple past and past participle crosslicensed)

1. (transitive) To license (intellectual property, etc.) each to the other.
   • It’s an industry with huge companies who crosslicense patents with each other and tell little guys to take a hike,” said Robert Megantz, a former general manager of licensing for Dolby and the consultant who worked with Zoltar in the late 1990s.2009 September 21, Steve Lohr, “Now, an Invention Inventors Will Like”, in New York Times