Apple Agrees To Pay Licensing Fees To Nokia

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June 14th, 2011, 15:16 Posted By: wraggster

After almost two years of litigation of Nokia and Apple suing and counter suing each other, the patent war between the two companies has come to an end. The winner out of this settlement is, however, Nokia. As a part of the settlement, Apple has agreed to become a licensee of Nokia's patents. As a part of the licensing agreement, Apple has agreed to give Nokia a one-time payment and ongoing royalties. The exact terms of the agreement has not been disclosed

http://apple.slashdot.org/story/11/0...-Fees-To-Nokia

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