Tuesday, June 14, 2011

Breaking: Apple to Pay Nokia To Settle Patent Spat – AllThingsD

A big and timely win for Nokia

Nokia announced late on Monday that Apple will pay the Finnish cell phone maker an undisclosed amount as well as ongoing royalties to settle the long-running patent spate between the two companies.

The deal will settle all patent litigation between the two companies, Nokia said, and both companies will withdraw their complaints before the International Trade Commission. Specific terms weren’t disclosed.

Breaking: Apple to Pay Nokia To Settle Patent Spat – AllThingsD

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