Apple and Nokia have finally reached a settlement regarding their heated patent dispute. As part of the agreement, both Apple and Nokia will withdraw all complaints against each other from the US International Trade Commission, and Apple will pay a one-time payment of an undisclosed amount, followed by ongoing patent royalties. Much to Nokia’s delight, Apple’s ego will also be significantly bruised by the agreement: Nokia is now the legally recognized patent holder, and Apple will be licensing the technology from them. “This settlement demonstrates Nokia’s industry leading patent portfolio and enables us to focus on further licensing opportunities in the mobile communications market.”
Some backstory on the affected patents, according to Nokia’s 2010 lawsuit filing:
The patents in question relate to technologies for enhanced speech and data transmission, using positioning data in applications and innovations in antenna configurations that improve performance and save space, allowing smaller and more compact devices
Since Apple will be paying for the rights to use the patents, there shouldn’t be any effect on current or future devices. There are still more lawsuits in the tech world to keep track of, but it’s a relief to finally see a major disagreement come to an end.
Hit the source for the full press release.