Apple Pays Up in Patent License Agreement With Nokia

This is probably the first positive Nokia news I’ve seen in a while. Nokia just announced that Apple will be giving a one-time payment and on-going royalties due to a recently signed patent license agreement. The specific terms of the contract are confidential, but intellectual property expert, Florian Mueller, says that there’s serious money in this for Nokia.

Gimme money 1

“We are very pleased to have Apple join the growing number of Nokia licensees,” said Stephen Elop, president and chief executive officer of Nokia in the press release. “This settlement demonstrates Nokia’s industry leading patent portfolio and enables us to focus on further licensing opportunities in the mobile communications market.”

  • A001lan

    Awesome photoshop Mark!!!)) lol

  • http://www.facebook.com/profile.php?id=1464613930 Enzro Greenidge

    nice job

  • http://dliao.org dliao

    man, I wanna know what it is. 

  • Anonymous

    It was just fair, after all Nokia did invented al lot of stuff for mobile, it is their work.

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