Nokia And HTC Sign A Patent Collaboration AgreementBy cheatmaster 11:07 Sun, 18 Jul 2021 Comments
Nokia and HTC ended their prolonged legal war with a patent and technology collaboration agreement. The partnership ends all pending patent litigation between the two companies. Its full terms are confidential.
According to the official press release, HTC will create payments to Nokia, but the exact amounts haven't been disclosed. The Finnish company on the other hand will gain access to HTC’s LTE patent portfolio, thus further expanding its own expertise. Furthermore, the companies will see into future technology collaboration opportunities.
Unsurprisingly, representatives from both Nokia and HTC are pleased with the agreement. By staying out of court and sharing patents, both companies will be able to focus on making products which can better compete in today’s crowded marketplace.
Please LOGIN or REGISTER To Gain Full Access To This Article