The dirty details are few and far betwixt, but IBM and Samsung have just joined up to announce a patent cross-license agreement that could have significant impact in the world we obsess with. According the (admittedly brief) release embedded after the break, the two will license their respective patent portfolios to each other, but considering that specific terms and conditions are being kept under wraps for now, it's on us to imagine what kind of magic will result from the agreement. Of course, the patent portfolios for each of these companies is staggeringly vast -- covering everything from mobile technologies to semiconductors, and just about everything in between. We're told that the deal will allow each company to "innovate and operate freely," and to use each other's patents to keep pace with the rapid expansion of technology. Is a 5.2GHz z196-based Galaxy S just months away? A boy can dream, can't he?