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Apple and Nokia sign patent license agreement, Apple to pay Nokia on-going royalties


Nokia and Apple have been battling it out for market share, and also in the courts over accused patent infringements. One of the cases stem back to 2009 with Nokia suing Apple over the iPhone infringing on Nokia patents for GSM, UMTS and wireless LAN (WLAN) standards. Nokia stated then that Apple is “attempting to get a free ride on the back of Nokia’s innovation”.

Nokia has apparently spent over EUR 43 billion and has a collection of 10,000 patents. Today a press release went out stating the two companies have signed a patent license agreement, which results in a settlement of all patent litigation issues. No dollar amounts were released but they did note that Apple must hand over a one-time payment and on-going royalties to Nokia.

This changes everything. Steve Jobs probably isn’t the happiest CEO today, but Nokia’s CEO Stephen Elop is. “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.”

Source: Nokia
Via: 9to5mac

Discussion

14 comments for “Apple and Nokia sign patent license agreement, Apple to pay Nokia on-going royalties”

  1. All is fair in love and patent wars.

    Like or Dislike: Thumb up 25 Thumb down 0

    Posted by MXM4K | June 14, 2011, 8:18 am
  2. great news for the sinking giant. This may be a turning point.

    Like or Dislike: Thumb up 10 Thumb down 7

    Posted by caplin | June 14, 2011, 8:22 am
  3. AHAHAHAHAHAHAHAHAHA! Where’s Vlad when we need him?

    Like or Dislike: Thumb up 16 Thumb down 2

    Posted by Adam | June 14, 2011, 8:32 am
  4. Its about time. Slowly Apple will have to pay royalties to other companies. Heh. This definitely made my morning.

    Also I agree with @caplin and @Adam.

    Like or Dislike: Thumb up 13 Thumb down 5

    Posted by EmperumanV | June 14, 2011, 8:47 am
    • My beorhtr recommended I might like this web site. He was totally right. This post truly made my day. You cann’t imagine just how much time I had spent for this information! Thanks!

      Like or Dislike: Thumb up 0 Thumb down 0

      Posted by Ayako | February 23, 2012, 9:31 am
  5. Apple and Steve jobs will never win in count. Steve jobs thinks that all his money can protect him but now he is seeing that it can’t anymore. Every company will start sueing him and so on. It took year to do this but I am glad that Nokia did it and now get what they deserve. Like I stated in my other post I do not bash Apple for their products due that I have an I phone and iPad I am just saying how Apple thinks they can do what every they want and get away with it. THIS CHANGES EVERYTHING… AGAIN

    Like or Dislike: Thumb up 17 Thumb down 6

    Posted by Dimitri | June 14, 2011, 8:57 am
  6. +1 for Nokia!

    Like or Dislike: Thumb up 17 Thumb down 3

    Posted by lolz | June 14, 2011, 10:13 am
  7. Good for Nokia, just a shame they haven’t made a phone worth buying in… 5 years.

    Like or Dislike: Thumb up 13 Thumb down 3

    Posted by Brian | June 14, 2011, 11:26 am
  8. It must be nice for Nokia to let one one last “yay” just before its ship sinks out of sight :)

    Like or Dislike: Thumb up 4 Thumb down 4

    Posted by Graham J | June 14, 2011, 2:15 pm
  9. i guess apple will be paying samsung for patent infrigement soon as well. and so is icloud communication suing apple for using icloud name. man apple cant come out with their own ideas but must steal the ideas. thats why apple products are so expensive cause they must pay like 100 other companies for all the ideas

    Like or Dislike: Thumb up 3 Thumb down 2

    Posted by go samsung sue apple down | June 14, 2011, 11:54 pm
  10. The patent war since 2009 between the two biggies has ended for good I assume. With Nokia having a low share market value, Elop must be elated with the settlement with Apple. Nokia deserves the price for its 20 years of innovation and nobody else should take a free ride on its research and development. I hope the “Finnish” company will now start off with its journey in the mobile communication industry in a better financial backup.

    Like or Dislike: Thumb up 1 Thumb down 0

    Posted by Rahul Aggarwal | June 15, 2011, 1:50 am
  11. Looks like the judge is corrupt. Apple clearly presented evidence that it developed all of the core technologies used in todays phones. Yet the idiotic judge still thinks that Nokia innovates. Clearly the judge is an i***t since Nokia stole everything from Apple.

    Apple is the true innovator in the world!

    Like or Dislike: Thumb up 0 Thumb down 7

    Posted by Vlad M. | June 15, 2011, 8:14 am
  12. The funny thing is the apple cultists will tell you that Steve Jobs was robbed and that he did in fact create all these technologies when he was 7 years old.

    They will also tell you that he eats unicorn meat sandwiches every day, owns a teleporter to a private moon resort and rides a dragon to work everyday.

    Note that his blind and loyal fans have also stated that when it comes time, they will drink his cool-aid and ascent to heaven.

    And that my friends is the truth. Apple loyalist are just that naive.

    Like or Dislike: Thumb up 6 Thumb down 1

    Posted by slype | June 15, 2011, 8:53 am
  13. Mactards would buy even a turd with the Apple logo on it.

    Like or Dislike: Thumb up 0 Thumb down 0

    Posted by Sebhelyesfarku | July 17, 2012, 12:50 pm

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