Nokia has announced in a press release that it has settled all outstanding patent disputes against HTC, with a new patent licensing agreement from HTC leading to the settlement. Meanwhile, Nokia will license HTC’s LTE patent portfolio in exchange for a new technology collaboration. Below, statements from Nokia and HTC:
“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.”
