Nokia and Qualcomm put aside their differences
[2008-7-29]
Tag : nokia cdma mobile
Nokia and Qualcomm have put aside their differences and reached anagreement which will result in a settlement of all litigation between the companies .
The agreement includes the withdrawal by Nokia of its complaint tothe European Commission, as well as a new deal covering variousstandards including GSM, Edge, CDMA, WCDMA, HSDPA, OFDM, WiMax, LTEand other technologies. Under the terms of the new 15-year agreement, Nokia has beengranted a licence under all Qualcomm's patents for use in Nokiamobile devices and Nokia Siemens Networks infrastructure equipment.
"We believe that this agreement is positive for the industry,enabling the market to benefit from innovation and newtechnologies," said Olli-Pekka Kallasvuo, chief executive atNokia.
As part of the deal, Nokia has agreed not to use any of its patentsdirectly against Qualcomm, which enables Qualcomm to integrateNokia's technology into its chipsets. The specific terms were not revealed, but the settlement includesan up-front payment and ongoing royalties by Nokia to Qualcomm.Nokia has also agreed to assign ownership of a number of patents toQualcomm.
"I am very pleased that we have come to this importantagreement," said Paul Jacobs, chief executive at Qualcomm.
"The terms of the new licence agreement, including thefinancial and other value provided to Qualcomm, reflect our strongintellectual property position across many current and futuregeneration technologies."
Nokia and Qualcomm have put aside their differences and reached anagreement which will result in a settlement of all litigation between the companies .
The agreement includes the withdrawal by Nokia of its complaint tothe European Commission, as well as a new deal covering variousstandards including GSM, Edge, CDMA, WCDMA, HSDPA, OFDM, WiMax, LTEand other technologies. Under the terms of the new 15-year agreement, Nokia has beengranted a licence under all Qualcomm's patents for use in Nokiamobile devices and Nokia Siemens Networks infrastructure equipment.
"We believe that this agreement is positive for the industry,enabling the market to benefit from innovation and newtechnologies," said Olli-Pekka Kallasvuo, chief executive atNokia.
As part of the deal, Nokia has agreed not to use any of its patentsdirectly against Qualcomm, which enables Qualcomm to integrateNokia's technology into its chipsets. The specific terms were not revealed, but the settlement includesan up-front payment and ongoing royalties by Nokia to Qualcomm.Nokia has also agreed to assign ownership of a number of patents toQualcomm.
"I am very pleased that we have come to this importantagreement," said Paul Jacobs, chief executive at Qualcomm.
"The terms of the new licence agreement, including thefinancial and other value provided to Qualcomm, reflect our strongintellectual property position across many current and futuregeneration technologies."
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