Nokia, Lenovo conclude patent deal, settle litigation

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 78%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

The companies agreed to settle all pending litigation regarding video-compression technology patents.

Nokia now said the latest agreement resolved all pending patent litigation and other proceedings between the two parties in all jurisdictions.

“The global accord struck will enable future collaboration between our companies for the benefit of customers worldwide.’’ The company contributes these and other inventions to open standards in return for the right to license them on fair, reasonable and non-discriminatory, or FRAND terms.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in LAW

Law Law Latest News, Law Law Headlines