Patent suits are filed against companies when one company feels that some other company is wrongly infringing on its patents without giving due credit. In the time we live in, patent suits are a fairly common occurrence. The most popular of all patent suits is the Apple vs Samsung patent trial, where Samsung received a massive setback when the court ordered the company to pay $1.05 billion to Apple as a fine for infringing on its design patents. However, that was in the past (although it’s still going on), and today we’re speaking about Nokia and Research in Motion, who have been in the courtrooms over patents owned by Nokia. The Finns accused RIM of infringing on several of its patents, which led to the trial. But the drama has now ended as RIM has decided to license those patents from Nokia. The two have mutually gotten into an agreement, to end the legal tussle once and for all. This will end all the patent litigations filed by Nokia in the U.S, UK and Canada.
There is very little specifics of the deal, and I don’t think we’ll ever know the amount of money involved in the deal either. It must be noted that the decision to license these patents came after an arbitration tribunal said that RIM was in the wrong. So RIM had no choice but to agree to the licensing deal from Nokia. So this is yet another patent victory for Nokia after licensing its patents to Apple last year. This is a minor setback for RIM and one which it shouldn’t focus too much on as it has to concentrate on the BlackBerry 10 launch next month. It is rather strange though that lawsuits are settled so easily, when Apple and Samsung are literally dragging on its litigations in the courtrooms.
Nokia holds a plethora of patents and quite frankly, it would make a lot more from just licensing these patents than from selling its smartphones. It currently licenses patents to a lot of companies. Nokia holds patents along with Sony and MPEG-LA (together known as MobileMedia) to protect its patents. This group recently filed a lawsuit against Apple for infringing on three of its patents and a court in Delaware ruled in favor of them.
“We are very pleased to have resolved our patent licensing issues with RIM. 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 in its official statement.