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Motorola and Nokia sign 4G agreement
By Hanleigh Daniels 18 October 2010 | Categories: newsMotorola and Nokia announced on Friday that the two companies have entered into a 4G license agreement. According to the terms of this agreement, Motorola and Nokia have extended the companies’ existing intellectual property licensing agreement to include 4G cellular technologies, including LTE, WiMAX as well as LTE-Advanced.
“We are pleased to extend our existing IP licensing agreement with Nokia to include 4G technologies and are confident this agreement will help foster continued innovation and technological advancement for the telecommunications industry,” said Kirk Dailey, corporate vice president of intellectual property, Motorola Mobility, Inc. “Motorola is committed to leveraging the strength of its industry-leading intellectual property portfolio for the benefit of its customers, partners, shareholders and licensees.”
“We are pleased to conclude this extension of our IP licensing agreement, which is a great example of the value that Nokia realizes from our industry leading patent portfolio,” said Paul Melin, vice president, intellectual property of Nokia.
“This agreement also shows that the industry is making fast progress in resolving LTE licensing issues between the major patent holders. LTE has now become a key element of Nokia’s licensing program, and we expect strong returns for our pioneering development.”
The terms of the agreement remains confidential. Patent and licensing agreements can prove to be important to Motorola who has recently been sued by Microsoft over an alleged violation of nine of its patents for technology utilised within its Android-based smartphones.
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