Huawei Technologies and mobile technology company Option have signed a cooperation agreement for mobile broadband products. The companies have agreed to work on joint R&D projects. Both companies are also exploring the establishment of a joint R&D centre in Belgium, and ways of contributing resources to develop mobile broadband services and software. Through this collaboration, the two parties aim to support the achievement of Europe's Digital Agenda objectives. Huawei has agreed to licence Option's connection manager software, for which the first year of the licence is valued at EUR 27 million. The agreement also includes the option for an extension of the licence for an amount of up to EUR 33 million over the next eighteen months. In addition, both companies have agreed that Huawei is going to acquire Option's wholly-owned semiconductor company M4S for approximately EUR 8 million. M4S is developing an enhanced radio frequency chipset to be used in 4G devices. Option has also withdrawn its anti-dumping and anti-subsidy complaints against imports of wireless WAN modems from China, asked the Belgian government to withdraw its safeguard request and asked the European Commission to close all three investigations.
