Nokia, Lenovo Conclude Patent Deal, Settle Litigation
The companies agreed to settle all pending litigation regarding video-compression technology patents.
Finnish telecom equipment maker, Nokia Corp., said on Wednesday it had concluded a multi-year multi-technology patent cross-license agreement with Chinese personal computer and mobile maker Lenovo Group Ltd.
The companies agreed to settle all pending litigation regarding video-compression technology patents.
According to the agreement, Lenovo will make a net balancing payment to Nokia.
According to the agreement, Lenovo will make a net balancing payment to Nokia.
The deal terms remain confidential.
Nokia had inaugurated legal proceedings against Lenovo in 2019 because of the alleged infringement of 20 video-compression technology patents.
Nokia had inaugurated legal proceedings against Lenovo in 2019 because of the alleged infringement of 20 video-compression technology patents.
The company filed cases in the United States, Brazil, India, as well as in Germany, where there were six cases between the parties.
In September, a Munich court ruled that Lenovo infringed one of Nokia’s patents, and ordered an injunction and a recall of products from retailers.
However, a German appeal court stayed that order in November.
However, a German appeal court stayed that order in November.
Lenovo also filed a lawsuit against Nokia in a Californian court.
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Nokia now said the latest agreement resolved all pending patent litigation and other proceedings between the two parties in all jurisdictions.
Nokia now said the latest agreement resolved all pending patent litigation and other proceedings between the two parties in all jurisdictions.
John Mulgrew, chief intellectual property officer of Lenovo said, “our agreement with Nokia reflects the value of both Nokia’s technology leadership and Lenovo’s continued investment in 5G innovation.
“The global accord struck will enable future collaboration between our companies for the benefit of customers worldwide.’’
