Feeds

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

Actual amount goes to arbitration, however

Intelligent flash storage arrays

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". ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
How the FLAC do I tell MP3s from lossless audio?
Can you hear the difference? Can anyone?
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.