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Submission + - Nokia, Apple Reach Patent License Deal, Settle All (bloomberg.com)

suraj.sun writes: Nokia, Apple Reach Patent License Deal, Settle All Lawsuits:

Nokia and Apple agreed to settle all patent litigation between the companies in a deal that awards a one-off payment and royalties to Nokia. Apple will pay Nokia an undisclosed sum as well as royalties for the term of the agreement, Nokia said in a statement today.

Bloomberg: http://www.bloomberg.com/news/2011-06-14/nokia-apple-payments-to-nokia-settle-all-litigation.html

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Nokia, Apple Reach Patent License Deal, Settle All

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