14.06.2011 07:20 Uhr, Quelle: Engadget

Nokia and Apple end patent litigation, benefit Nokia's bottom line

It's over. The patent battle between Nokia and Apple just ended not with an injunction, but with a press release citing a licensing agreement and Apple payments to Espoo. While the specifics of the agreement are confidential, Nokia does say that Apple will make a one-time payment followed by on-going royalties. So, while Nokia may be having trouble selling its zombied handsets during the transition to Windows Phone, at least its IP portfolio can help fill the coffers. Read the full press release after the break.

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