Yes you are correct, if both brands agree to the terms that will create a win-win then you got yourself creating a new product lineup along with getting exposure to both markets.
Funny thing about designers is that when I worked for a company I tend to not use the company products in order to understand other products features. A lot of devices I like to use is usually around its functionality. Now its harder than every because when it comes to function most of them are implemented in Apps. 😅 Thanks for your comment~