Nokia, HTC Settle All Patent Litigation
Nokia and HTC have officially settled all wrangling over patents.
In a press release Monday, Nokia and HTC announced that they have settled all pending patent litigation between them, and entered into a patent and technology collaboration agreement.
According to the release, HTC will make payments to Nokia and the collaboration will involve HTC's LTE patent portfolio, further strengthening Nokia's licensing offering.
The full terms of the agreement are confidential.
"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."
The move comes amid other major patent agreements . Google and Cisco last week announced a “long-term” patent cross-licensing agreement, which came shortly after the company entered similar agreements with Samsung and Ericsson related to GSM, UMTS, and LTE standards for both networks and handsets.