Nokia and Qualcomm Enter Into a New Agreement
[2008-7-28]
Tag : nokia cdma mobile
ESPOO and SAN DIEGO today announced that they have entered into a new agreementcovering various standards including GSM, EDGE, CDMA, WCDMA, HSDPA,OFDM, WiMAX, LTE and other technologies. The agreement will resultin settlement of all litigation between the companies, includingthe withdrawal by Nokia of its complaint to the EuropeanCommission.
Under the terms of the new 15-year agreement, Nokia has beengranted a license under all Qualcomm's patents for use in Nokiamobile devices and Nokia Siemens Networks infrastructure equipment.Further, Nokia has agreed not to use any of its patents directlyagainst Qualcomm, enabling Qualcomm to integrate Nokia's technologyinto Qualcomm's chipsets. The financial structure of the settlementincludes an up-front payment and on-going royalties payable toQualcomm. Nokia has agreed to assign ownership of a number ofpatents to Qualcomm, including patents declared as essential toWCDMA, GSM and OFDMA. The specific terms are confidential.
"We believe that this agreement is positive for the industry,enabling the market to benefit from innovation and newtechnologies," said Olli-Pekka Kallasvuo, CEO of Nokia Corporation."The positive financial impact of this agreement is within Nokia'soriginal expectations and fully reflects our leading intellectualproperty and market positions."
"I'm very pleased that we have come to this important agreement,"said Dr. Paul E. Jacobs , CEO of Qualcomm. "The terms of the new license agreement,including the financial and other value provided to Qualcomm,reflect our strong intellectual property position across manycurrent and future generation technologies. This agreement pavesthe way for enhanced opportunities between the companies in anumber of areas."
ESPOO and SAN DIEGO today announced that they have entered into a new agreementcovering various standards including GSM, EDGE, CDMA, WCDMA, HSDPA,OFDM, WiMAX, LTE and other technologies. The agreement will resultin settlement of all litigation between the companies, includingthe withdrawal by Nokia of its complaint to the EuropeanCommission.
Under the terms of the new 15-year agreement, Nokia has beengranted a license under all Qualcomm's patents for use in Nokiamobile devices and Nokia Siemens Networks infrastructure equipment.Further, Nokia has agreed not to use any of its patents directlyagainst Qualcomm, enabling Qualcomm to integrate Nokia's technologyinto Qualcomm's chipsets. The financial structure of the settlementincludes an up-front payment and on-going royalties payable toQualcomm. Nokia has agreed to assign ownership of a number ofpatents to Qualcomm, including patents declared as essential toWCDMA, GSM and OFDMA. The specific terms are confidential.
"We believe that this agreement is positive for the industry,enabling the market to benefit from innovation and newtechnologies," said Olli-Pekka Kallasvuo, CEO of Nokia Corporation."The positive financial impact of this agreement is within Nokia'soriginal expectations and fully reflects our leading intellectualproperty and market positions."
"I'm very pleased that we have come to this important agreement,"said Dr. Paul E. Jacobs , CEO of Qualcomm. "The terms of the new license agreement,including the financial and other value provided to Qualcomm,reflect our strong intellectual property position across manycurrent and future generation technologies. This agreement pavesthe way for enhanced opportunities between the companies in anumber of areas."
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