Apple and Nokia had been in a disagreement in the European Courts over FRAND rates for Nikes Standard Essential Patentss rates with Nokia wanting Apple to pay more than other cellular phone companies, which is a violation of the FRAND agreements. Apparently the two companies have come to an agreement satisfactory to both with Apple getting access to all Nokia patents in perpetuity for a one time license payment instead of ongoing royalties.
To: dayglored; ~Kim4VRWC's~; 1234; 5thGenTexan; Abundy; Action-America; acoulterfan; AFreeBird; ...
Apple and Nokia have settled the FRAND dispute with Apple paying Nikia a one-time up-front license fee of $2 billion for an apparently unlimited, non-expiring access to all of Nokia's patents. — PING!
Apple and Nokia Bury the Patent Hatchet
Ping!
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2 posted on
07/28/2017 5:44:04 PM PDT by
Swordmaker
(This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
To: Swordmaker
Smart move by Apple, now hey might be able tgo get some of that money back!
3 posted on
07/28/2017 6:49:40 PM PDT by
Dr. Sivana
(There is no salvation in politics.)
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