RIM settles patent infringement case with Nokia, to pay regular royalties

Nokia has emerged victorious once again from a patent case with another company.

Like Apple RIM has agreed to make a one-time payment to Nokia and then pay regular royalties.

“We are very pleased to have resolved our patent licensing issues with RIM and reached this new agreement, while maintaining Nokia’s ability to protect our unique product differentiation,” said Paul Melin, chief intellectual property officer at Nokia. “This agreement demonstrates Nokia’s industry leading patent portfolio and enables us to focus on further licensing opportunities in the mobile communications market.”

The amounts involved has been revealed yet, but Nokia managed to secure a patent settlement of $608 million and ongoing royalties from Apple last year, which may give an indication of the windfall Nokia can expect.

Via TNW

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