Nokia And RIM Agree To New Patent Licenses

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Nokia And RIM Agree To New Patent Licenses

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Finnish mobile giant Nokia said on Friday it was withdrawing all its lawsuits against Blackberry-maker Research In Motion after reaching an agreement on patent licencing.

Last month Nokia filed lawsuits in the United States, Britain and Canada against RIM claiming it had breached an agreement on using Nokia patents on WLAN local area network technology.

[quote]”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, in a statement.[/quote]

The terms were not disclosed, but Nokia will receive an unknown one-time payment plus on-going payments from RIM.

Nokia may have lost the title as the top-selling mobile phone maker, but the Finnish company holds patents to over 10,000 types of technology after having invested approximately €45bn in research and development over the past two decades.

Now RIM can focus on bringing BlackBerry 10 to market, plus the new BlackBerry 10 smartphones – which was potentially revealed yesterday as the BlackBerry Z10.

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Shivaank Rana
iGyaan's Carlos Santana! Shivaank loves Apple products! He stays up to date with the latest happenings of the tech world and gets his hands dirty with the latest Gadgets! Follow Him on Google Plus : Google+