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.
"We are very pleased to have reached a settlement and collaboration agreement with HTC, which is a long standing licensee for Nokia's standards essential patents," said Paul Melin, chief intellectual property officer at Nokia. "This agreement validates Nokia's implementation patents and enables us to focus on further licensing opportunities."
"Nokia has one of the most preeminent patent portfolios in the industry," said Grace Lei, General Counsel of HTC. "As an industry pioneer in smartphones with a strong patent portfolio, HTC is pleased to come to this agreement, which will enable us to stay focused on innovation for consumers."
Nokia has previously taken up patent issues with Apple, and recently contemplated a suit against Google in relation to its mapping software. However, the company has a good track record of settling when the opportunity presents itself.
The news comes following word of a trifecta of cross-licensing rights between Google, Cisco and Samsung. While cross licensing could be a growing trend in the face of the non-practicing entity threat, certain tech feuds aren’t likely to be resolved any time soon.
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