Feeds

Another 5 years on Nokia's patent CHAIN GANG for Samsung

Actual amount goes to arbitration, however

SANS - Survey on application security programs

Nokia has announced that it has gotten Samsung to sign an extension on their patent licensing agreement for another five years, although neither of them is sure how much Sammy will be paying yet.

The Finnish firm has taken to its new life as a patent company with gusto, pursuing litigation with those that won't pay up with renewed vigour and tying in the Korean chaebol for another few years. Samsung has agreed to pay additional compensation to Nokia, the firm said, but the amount of the compensation has yet to be settled.

Nokia said that binding arbitration, which is expected to be concluded by 2015, would decide the figure for the licence.

"This extension and agreement to arbitrate represent a hallmark of constructive resolution of licensing disputes, and are expected to save significant transaction costs for both parties", said Paul Melin, chief intellectual property officer at Nokia.

The once-mighty mobile firm has hung on to its impressive patent portfolio but sold off its device and services business to Microsoft. It says it plans on making money now by "investing in innovation and by actively managing its patent portfolio and licensing activities". ®

High performance access to file storage

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Sorry London, Europe's top tech city is Munich
New 'Atlas of ICT Activity' finds innovation isn't happening at Silicon Roundabout
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.