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Nokia settles patent dispute with RIM
- Finland: Sunday, December 23 - 2012 at 02:17
Troubled Finnish mobile phone maker Nokia has settled its patent dispute with BlackBerry maker Research in Motion (RIM) in return for payments, as it tries to exploit its trove of technology patents to boost its finances, Reuters has reported. Terms of the agreement were confidential, but Nokia said it included a one-time payment to be booked in the fourth quarter, as well as ongoing fees, all to be paid by RIM. The agreement with RIM settles all existing patent litigation between the two companies, Nokia said, adding similar disputes with HTC Corp and ViewSonic still stood.
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