Skip to comments.Nokia enters into patent license agreement with Apple
Posted on 06/14/2011 10:24:26 AM PDT by Viiksitimali
After a long series of patent infringement lawsuits that began in 2009 and continued with many twists and turns along the way, Nokia has emerged the victor by signing a patent licensing agreement with Apple. The agreement will result in settlement of all patent litigation between the companies, including the withdrawal by Nokia and Apple of their respective complaints to the US International Trade Commission. This will certainly be the tech story of the day.
The financial structure of the agreement consists of a one-time payment payable by Apple and on-going royalties to be paid by Apple to Nokia for the term of the agreement. The specific terms of the contract are confidential.
This is an excerpt, read more at Patently Apple here.
(Excerpt) Read more at patentlyapple.com ...
Everything I have heard about is around GSM technology, but I was not aware that Apple did anything with respect to GSM technology other than integrating someone else's radio chip into their product.
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