Nokia and HTC have been going through a legal tussle for a long time now with Nokia causing problems for HTC in many countries but it’s finally over. Nokia and HTC have finally agreed to end all the patent litigations with an agreement.
As the official press release states, HTC has agreed to pay an undisclosed amount to Nokia and Nokia will also get to use HTC’s LTE patents thus enhancing its own vast patent line-up. Both the companies will also collaborate on further future technologies.
Paul Melin, chief intellectual property officer at Nokia, “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. This agreement validates Nokia’s implementation patents and enables us to focus on further licensing opportunities.”
Grace Lei, General Counsel of HTC said on the agreement, “Nokia has one of the most pre-eminent patent portfolios in the industry. 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.”
It’s great to see Nokia and HTC end their patent war which should help both the companies to focus on their products and it will surely let HTC to forget about being sued and concentrate on bringing great products to the market.