Nokia and RIM resign patent sharing agreement

Nokia and RIM resign patent sharing agreement
A recent press release by Nokia states that RIM has renewed a 'multi-year patent license agreement' with the former. In other words, RIM will be granted access to the various patents that sit with Nokia. Hence being in accordance with each other, it will allow RIM the 'use of standards essential patents for GSM, WCDMA and CDMA2000 technologies.'

Nokia has about 300 GSM, 370 WCDMA and 170 CDMA2000 essential patentgroups resulting in one of the most diverse IPR portfolios in thetelecommunication industry.

Nokia will benefit financially from continuous royalties and also from an advance payment per the agreement.

source: Nokia


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