Nokia to get payments in patent deal with RIM
HELSINKI (Reuters) – Struggling Finnish mobile phone maker Nokia has settled its patent dispute with BlackBerry maker Research in Motion in return for payments, as it tries to exploit its trove of technology patents to boost its finances. Terms of the agreement were confidential, but Nokia said on Friday it included a one-time payment to be booked in the fourth quarter, as well as ongoing fees, all to be paid by RIM. Nokia is one of the industry’s top patent holders, having invested 45 billion euros ($60 billion) in mobile research and development over the past two decades. . . .
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