Apple has agreed to license wireless phone patents owned by Nokia that sparked a long-running legal dispute between the two companies.
The deal will settle all patent litigation between Nokia and Apple, and the two will withdraw their respective complaints filed earlier with the U.S. International Trade Commission. In addition, Apple will pay Nokia an undisclosed one-time fee and on-going royalties, Nokia said today.
"We are very pleased to have Apple join the growing number of Nokia licensees," Stephen Elop, president and chief executive officer of Nokia, said in a statement. "This settlement demonstrates Nokia's … Read more