Jun 15, 2011

Apple and Nokia patent dispute ends with license agreement, Apple payments

It's over. The patent battle between Nokia and Apple just ended not with an injunction, but with a press release citing a license agreement and payments from Apple to Espoo. The specifics of the agreement are confidential, but Nokia does say that Apple will make a one-time payment followed by on-going royalties. So, while Nokia may be having trouble selling its zombied handsets, at least its IP portfolio can help fill the coffers during the transition to Windows Phone

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