Friday, December 21, 2012

Nokia and RIM Settle All Patent Disputes

Nokia and RIM enter into new patent license agreement.

Not much detail in the press release, but sounds like Nokia owner of 10,000 patent families is the winner. "The financial structure of the agreement includes a one-time payment and on-going payments, all from RIM to Nokia." 

I expect more patent settlements of a global nature in 2013. Companies have gotten over the hurdle of thinking they can use other companies patents without a license and are well aware of the expense of patent litigation.

Copyright © 2012 Robert Moll. All rights reserved.