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Tuesday, 14 June 2011 09:18

Apple agrees to pay Nokia royalties

Written by


Patent dispute settled, for the time being
Apple has agreed to pay royalties for a series of Nokia-owned patents, ending a two-year legal fight between the companies.

Under the terms of the agreement, both companies will drop their claims and counterclaims, while Apple will pay an undisclosed one-of sum, along with regular ongoing royalties.

Nokia CEO Stephen Elop said he was pleased to see Apple among 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," said Elop.

In all fairness, it is probably a good idea to turn into patent troll when you can’t make a decent phone.
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Comments  

 
+36 #1 Jigar 2011-06-14 09:46
Quote:
it is probably a good idea to turn into patent troll when you can’t make a decent phone


I Disagree, this only proves a point to apple that they are not the only one who can threaten others with their patent crap. I am glad to see Nokia win this round.
 
 
+31 #2 robert3892 2011-06-14 10:17
Apple knew they would probably lose the case in court. They should have simply licensed the patents in the first place

I hope the icloud company in Arizona wins its lawsuit against Apple in court as well
 
 
+17 #3 Memristor 2011-06-14 12:42
Quoting Peter Scott:
In all fairness, it is probably a good idea to turn into patent troll when you can’t make a decent phone.

They actually make very decent phones, but kill the hardware with an OS that simply sucks.
 
 
+20 #4 spede 2011-06-14 14:40
Little Peter is giving his teen angst again for Nokia. Apple would never have been able to build iPhone without Nokia's patents which they blatantly stole. I don't understand why people admire Apple. They just package other company's hardware and patents in a pretty package.
 
 
+8 #5 kartikkg 2011-06-14 17:42
wow two big companies settling things over a drink ,justice delivered ! what about those who don't have enough money ,and whose patents big companies steal!
 

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