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Wireless

Apple agrees to license Nokia patents, settle litigation

Tuesday 14 June 2011 | 08:49 CET | News
Nokia announced that it has signed a patent license agreement with Apple. The agreement will result in a settlement of all the patent litigation between the companies, including the withdrawal by Nokia and Apple of their respective complaints to the US International Trade Commission. Apple will make a one-time payment to Nokia as well as pay ongoing royalties to the Finnish company. The specific terms of the contract were not disclosed. Nokia said the agreement should have a positive impact on its results already from the second quarter. Nokia first sued Apple for alleged patent infringement

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Categories: Mobile & Wireless
Companies: Apple / Nokia
Countries: World
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