Nokia and RIM Renew Patent License Agreement

(Business News & Technology News, 5 Dec 2008)

Research In Motion (RIM) has renewed a multi-year patent license agreement with Nokia. 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.

"Today's announcement demonstrates the success of Nokia's increased focus on patent out-licensing," says Ilkka Rahnasto, Vice President, Intellectual Property Rights, Nokia. "This agreement confirms Nokia's leading role in developing key technologies and the value of our patent assets."

Nokia is one of the industry leaders in wireless innovation and the development of GSM and WCDMA technologies. Nokia has built one of the strongest and broadest IPR portfolios in the wireless industry and since the early 1990's has invested close to Euro35 billion in research and development. Nokia's patent portfolio includes approximately 300 GSM, 370 WCDMA and 170 CDMA2000 declared essential patent families.

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