Nokia have won over smartphone rivals Apple, signing a patent license agreement with the iPad and iPhone manufacturers that will see Nokia paid an undisclosed one-time fee alongside ongoing royalties.
The Finnish company Nokia took Apple to court in 2009 over the alleged utilization of patented Nokia technologies present in the popular iPhone. Apple, on the other hand, quickly formed a counter lawsuit accusing Nokia of similarly infringing on patents.
The trial for this wasn’t really expected to take place until 2012, but sudden turn of events reveal that Apple have unexpectedly decided to settle early. Nokia CEO Stephen Elop said, “We are very pleased to have Apple join the growing number of Nokia licensees. This settlement demonstrates Nokia’s industry leading patent portfolio and enables us to focus on further licensing opportunities in the mobile communications market.”