Espoo and Cupertino kiss and make up
It was one of the biggest tech court cases of recent times, with two of the largest companies at loggerheads over patent infringements. And now it’s come to a close with a whimper rather than a bang, as Apple has agreed to license tech from Nokia, paying a one off fee as well as ongoing royalties. That’s right, all patent litigation between the two companies has ceased, and they’ve agreed to play nice.
The specific details of the deal are confidential, but Stephen Elop, president and chief executive of Nokia said in a press release, “We are very pleased to have Apple join the growing number of Nokia licensees. This settlement demonstrates Nokia's industry leading patent portfolio and enables us to focus on further licensing opportunities in the mobile communications market.”
Nokia was accusing Apple of infringing no fewer than 46 of its patents, through the ITC, US, Dutch, German or British courts.
So, at last some good news for Nokia, following its recent woes.