Nokia and RIM enter into patent license agreement

The financial structure of the agreement includes a one-time payment and on-going payments, all from RIM to Nokia. The specific terms of the agreement are confidential.

"We are very pleased to have resolved our patent licensing issues with RIM and reached this new agreement, while maintaining Nokia’s ability to protect our unique product differentiation," said Paul Melin, Chief Intellectual Property Officer at Nokia. "This agreement demonstrates Nokia’s industry leading patent portfolio and enables us to focus on further licensing opportunities in the mobile communications market."

Nokia said it has invested approximately Euro 45 billion in research and development during the last two decades to build the wireless industry’s strongest and broadest IPR portfolio, with around 10,000 patent families.