Nokia and HTC settle suits and pen cross-licensing agreement

Deal marks another partnership between tech giants

 For an area typical associated with astronomically large settlements and heated trials, the technology patent space has seen a surprising amount of cooperation in the last few weeks. On Feb. 7, yet another set of once fierce opponents signed a settlement to end their patent woes.

Nokia and HTC are the latest to break bread in a settlement that closes all pending suits between the two and sets them up for a more cooperative partnership. While the full details of the deal have not been divulged, according to a press release HTC will make payments to Nokia and will grant it access to its portfolio of LTE patents.

Executive Editor

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Chris DiMarco

Chris DiMarco, Executive Editor of InsideCounsel magazine, has a background in multimedia production with previous involvement in projects in which he developed and created content...

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