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Home BUSINESSNokia signs collaboration deal with HTC
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Sun, 09 Feb, 2014 12:22:09 AM
FTimes Report, February 9
 
File Picture of Nokia Headquarders in Espoo. Photo – Lehtikuva.
Nokia has signed a patent and technology collaboration agreement with HTC.
 
The two companies have settled all pending patent litigations between them, said a press release on Saturday.
 
HTC will make payments to Nokia and the collaboration will involve HTC’s LTE patent portfolio, further strengthening Nokia’s licensing offering. 
 
The companies will also explore future technology collaboration opportunities. 
 
The full terms of the agreement have been kept confidential, according to the release.
 
“We are very pleased to have reached a settlement and collaboration agreement with HTC, which is a long standing licensee for Nokia's standards essential patents," said Paul Melin, chief intellectual property officer at Nokia. 
 
“This agreement validates Nokia’s implementation patents and enables us to focus on further licensing opportunities,” said Paul Melin, chief intellectual property officer at Nokia.
 
“As an industry pioneer in smartphones with a strong patent portfolio, HTC is pleased to come to this agreement, which will enable us to stay focused on innovation for consumers,” said Grace Lei, general counsel of HTC. 
 
 
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