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Tuesday, June 14, 2011

Apple gives-in Nokia gets on-going royalties - dispute ends

Apple has agreed to license patents held by Nokia cellular phones, that triggered a long legal battle between the two companies.


The agreement will settle all patent litigation between Nokia and Apple, and both will withdraw their complaints with the U.S. International Trade Commission. In addition, Apple supports Nokia unidentified lump sum and ongoing royalties, Nokia announced today.



"We are very pleased to have Apple join the growing number of Nokia licensees," Stephen Elop, president and chief executive officer of Nokia, said in a statement. "This settlement demonstrates Nokia's industry leading patent portfolio and enables us to focus on further licensing opportunities in the mobile communications market."


These all started back in 2009-october by Nokia. Nokia sued Apple Inc. in for more than 10 wireless handset patents which Nokia alleged that it owned them.

10 patents that Apple has reportedly refused to license to make phones that can operate in GSM, 3G and Wi-Fi networks. These include patents for wireless communication, speech coding, security and encryption according to Nokia.

source : news.cnet.com



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