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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