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Nokia and RIM Settle Wi-Fi Patent Dispute
Published on:
Nokia and Research in Motion have dropped all their patent disputes and signed a patent likening agreement. They have also withdrawn pending actions in the US, UK and Canada related to a recent arbitration tribunal decision.
The patents apply to Wi-Fi services.
The financial structure of the agreement includes a one-time payment and on-going payments, all from RIM to Nokia. The specific terms of the agreement are confidential.
"We are very pleased to have resolved our patent licensing issues with RIM and reached this new agreement, while maintaining Nokia's ability to protect our unique product differentiation," said Paul Melin, chief intellectual property officer at Nokia. "This agreement demonstrates Nokia's industry leading patent portfolio and enables us to focus on further licensing opportunities in the mobile communications market."
Nokia is still in dispute with HTC and ViewSonic over the same patents.
Tags: [nokia] [research in motion]
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