Top

Apple, Nokia patch things up with patent agreement

May 24, 2017

Category:

Apple and Nokia have settled all lawsuits in their intellectual property disputes and agreed to a multi-year patent license.

Most of the details were kept confidential, but the companies said that deal involved an undisclosed up-front cash payment from Apple as well as additional revenue during the multi-year term of the agreement. Nokia and Apple have had a licensing arrangement in place since 2011, but last December the two companies got into a legal battle over which patents Apple was actually using versus which ones were covered under their agreement.

Read More on RCR Wireless News