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/ Nokia and Apple sign a patent license agreement, end all ongoing lawsuits
Nokia and Apple sign a patent license agreement, end all ongoing lawsuits
Nokia and Apple are hitting each other with lawsuits since the dawn of smartphones. The latest dispute between the companies was closed on Tuesday after they signed a multi-year patent license deal. The two companies didn't reveal any details of the agreement. Nokia said it will receive an up-front cash payment along with additional revenues during the term of the agreement, but declined to disclose any amount whatsoever. Nokia expects the cash flow to brighten the income numbers at the end of the current quarter. Instead of being adversaries, Apple and Nokia are now "business...
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