Apple and Nokia have signed a multi-year patent license and new business cooperation agreement that settles all litigation related to the ongoing IP dispute between the two companies. As part of the deal, Nokia will provide Apple with network infrastructure products and services, while Apple has agreed to pay Nokia an upfront cash fee and resume selling Nokia’s digital health products, formerly under the Withings brand (which Apple had stopped selling last year). According to the press release, “Regular summits between top Nokia and Apple executives will ensure that the relationship works effectively and to the benefit of both parties and their customers.”
“The agreement marks the end of a patent dispute that began last year, when Nokia sued Apple in Germany and the U.S., alleging infringement of 32 patents,” reports The Verge. “The two companies sued one another in 2009, and struck a licensing agreement in 2011.”
“This is a meaningful agreement between Nokia and Apple,” said Maria Varsellona, chief legal officer at Nokia. “It moves our relationship with Apple from being adversaries in court to business partners working for the benefit of our customers.”
“We are pleased with this resolution of our dispute and we look forward to expanding our business relationship with Nokia,” said Apple COO Jeff Williams.