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Nokia, RIM reaffirm patent license agreement

Posted: 09 Dec 2008 ?? ?Print Version ?Bookmark and Share

Keywords:RIM patent? agreement license? GSM?

Nokia Corp. announced that Research In Motion (RIM) has renewed a multi-year patent license agreement. The agreement covers the worldwide use of standards essential patents for GSM, W-CDMA and CDMA2000 technologies. The financial terms of the agreement consist of an up-front payment and on-going royalties payable to Nokia.

"Today's announcement demonstrates the success of Nokia's increased focus on patent out-licensing," said Ilkka Rahnasto, VP of intellectual property rights at Nokia. "This agreement confirms Nokia's leading role in developing key technologies and the value of our patent assets."

Nokia has built one of the strongest and broadest IPR portfolios in the wireless industry and since the early 1990's has invested close to EUR 35 billion in R&D. Nokia's patent portfolio includes approximately 300 GSM, 370 W-CDMA and 170 CDMA2000 declared essential patent families.

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