RIM settles with Nokia
Nokia to Get Payments from RIM. companies end dispute- Bloomberg (e) Nokia Oyj , the Finnish mobile-phone maker struggling to reverse a slide in sales, agreed to a patent-licensing deal with BlackBerry maker Research In Motion Ltd., ending all legal disputes between the companies. RIM will make a one-time and "on-going" payments to Nokia, financial terms weren't disclosed. The company may receive no more than 100 million euros ($132 million) annually for probably a five-year period, while the one-time payment could be several hundred million euros, according to estimates by Sami Sarkamies, a Nordea AB analyst
|All times are GMT -5. The time now is 02:50 PM.|
Powered by vBulletin® Version 3.6.12
Copyright ©2000 - 2015, Jelsoft Enterprises Ltd.