NOKIA has announced the renewal of a multi-year patent licence agreement by leading wireless communications company Research In Motion (RIM), confirming the continued partnership between the two.
The agreement covers the worldwide use of standards essential patents for GSM, WCDMA and CDMA2000 technologies. The financial terms of the agreement consist of an up-front payment and on-going royalties payable to Nokia.
“The announcement demonstrates the success of Nokia’s increased focus on patent out-licensing,” said Ilkka Rahnasto, Nokia vice-president (Intellectual Property Rights).
“This agreement confirms Nokia’s leading role in developing key technologies and the value of our patent assets,” said Rahnasto in a statement.
Nokia is the industry leader in wireless innovation and the development of GSM and WCDMA technologies. It has built one of the strongest and broadest IPR portfolios in the wireless industry.
The company has since the early 1990s invested close to 35 billion euros in research and development.
Nokia’s patent portfolio includes approximately 300 GSM, 370 WCDMA and 170 CDMA2000 declared essential patent families.
