Qualcomm and Nokia Call Truce In Patent Battle
Jul 24, 2008
Wireless communications leaders Qualcomm and Nokia have announced that they're burying the hatchet in their long-standing, trans-Atlantic patent dispute. The companies have signed a 15-year licensing deal that, according to a Qualcomm news release, will "result in settlement of all litigation between the companies, including the withdrawal by Nokia of its complaint to the European Commission."
Specific financial terms remain confidential, but Nokia received a license enabling it to use all of Qualcomm's patents in its mobile devices and infrastructure equipment. In turn, Nokia agreed to allow Qualcomm to use Nokia's technology in its chipsets.
Businessweek columnist Steve Wildstrom, emcee for Tech Policy Summit '08, interviewed Qualcomm CEO Paul Jacobs at the 2008 Summit earlier this year and his opening question for Dr. Jacobs was about the company's patent litigation. You can hear a podcast of that interview in the Media Vault.
Tags:
European Commission, intellectual property, Nokia, patents, Paul Jacobs, Qualcomm, Steve Wildstrom, Tech Policy Summit
