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Apple Agrees To Pay Licensing Fees To Nokia

Posted by CmdrTaco on from the money-makes-it-better dept.

dkd903 writes "After almost two years of litigation of Nokia and Apple suing and counter-suing each other, the patent war between the two companies has come to an end. The winner of this settlement is, however, Nokia. As a part of the settlement, Apple has agreed to become a licensee of Nokia's patents. As a part of the licensing agreement, Apple has agreed to give Nokia a one-time payment and ongoing royalties. The exact terms of the agreement have not been disclosed."

1 of 205 comments (clear)

  1. wait a sec by StripedCow · · Score: 3, Funny

    I thought Apple was the company doing all the innovation.

    --
    If Pandora's box is destined to be opened, *I* want to be the one to open it.