Apple and Nokia have settled all Litigation over IP Disputes and Signed a Multi-Year Licensing Agreement
Patently Apple covered Nokia suing Apple in two detailed reports (one and two) back in November covering such matters as the H.264 standard, Siri, Qualcomm parts and more. In December Apple filed a major antitrust case against Acacia pointing to a conspiracy with Nokia. Nokia struck back the same day with another lawsuit with 32 counts of patent infringement. Today Nokia and Apple announced that they have settled all litigation related to their intellectual property dispute and agreed a multi-year patent license.
Maria Varsellona, Chief Legal Officer at Nokia, responsible for Nokia's patent licensing business stated: "This is a meaningful agreement between Nokia and Apple. It moves our relationship with Apple from being adversaries in court to business partners working for the benefit of our customers."
Under a business collaboration agreement, Nokia will be providing certain network infrastructure product and services to Apple. Apple will resume carrying Nokia digital health products (formerly under the Withings brand) in Apple retail and online stores, and Apple and Nokia are exploring future collaboration in digital health initiatives. Regular summits between top Nokia and Apple executives will ensure that the relationship works effectively and to the benefit of both parties and their customers.
Jeff Williams, Apple's chief operating officer stated: "We are pleased with this resolution of our dispute and we look forward to expanding our business relationship with Nokia."
Basil Alwan, President of Nokia's IP/Optical Networks business stated that "This agreement will strengthen our collaboration. We look forward to supporting Apple."
While details of the agreement remain confidential, Nokia will receive an up-front cash payment from Apple, with additional revenues during the term of the agreement.
The statement made note that Apple provided Nokia with an up-front cash payment.
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