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The Patent Battle between Apple and Nokia is now Over

Written on June 14, 2011 by Avlya Jaie

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The patent battle between two companies - Apple and Nokia, just ended not through a brutal fight, but with a Press Release that introduced a license agreement.

Few days ago, a Press Release was delivered in public, which successfully ended the patent battle between the two big mobile companies – Apple and Nokia. The said Press Release cited a license agreement and payments from Apple to Espoo. Though the highlights of the press release were too confidential, Nokia spilled out that Apple will make a one-time payment to be followed by an ongoing royalties. While on the other hand, the Nokia company had some troubles selling their morbid handsets. But then at least, their portfolios can be used to fill the cases during the Windows phone transitions.

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