Apple is now going to be licensing patents from Nokia.|
This is after two years of arguments and lawsuits back and forth over phone patents.
The winner out of this settlement is, however, Nokia. As a part of the settlement, Apple has agreed to become a licensee of Nokia?s patents. As a part of the licensing agreement, Apple has agreed to give Nokia a one-time payment and ongoing royalties. The exact terms of the agreement ? including the amount to be paid ? have not been disclosed.Given how Nokia is falling in the market place, however, who knows what comes next. It's very possible this just throws them a lifeline for a while.