Apple is dropping its lawsuit against Nokia. The iPhone manufacturer and the Finnish company reached an agreement to not only bring the intellectual property dispute to an end, but also to start a multi-year patent license.
Apple is dropping its lawsuit against Nokia. The iPhone manufacturer and the Finnish company reached an agreement to not only bring the intellectual property dispute to an end, but also to start a multi-year patent license.
Described as a “meaningful agreement”, details of the new arrangement are confidential, at least for the time being, but Apple does shed a little light on what’s going to be happening moving forward. Apple will receive network infrastructure product and services from Nokia, and the company will also resume carrying the Withings health products Nokia bought .
Nokia says that the arrangement means that the two companies are now business partners rather than adversaries. Apple’s COO Jeff Williams says that the company is “pleased with this resolution of our dispute”, with Basil Alwan, President of Nokia’s IP/Optical Networks business, adding: “We look forward to supporting Apple.”
In a statement, Apple says:
The statement goes on to give a little more information about what the new agreement means:
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