Ericsson and Apple sign global patent license agreement, settle litigation
December 21, 2015 -- Ericsson (NASDAQ:ERIC) and Apple have agreed on a global patent license agreement between the two companies. The agreement includes a cross license that covers patents relating to both companies' standard-essential patents (including the GSM, UMTS and LTE cellular standards), and grants certain other patent rights. In addition, the agreement includes releases that resolve all pending patent-infringement litigation between the companies.
As part of the seven-year agreement, Apple will make an initial payment to Ericsson and, thereafter, will pay on-going royalties. The specific terms of the contract are confidential.
Including positive effects from the settlement, and including the ongoing IPR business with all other licensees, Ericsson estimates full year 2015 IPR revenues will amount to SEK 13-14 b.
This agreement ends investigations before the U.S. International Trade Commission, lawsuits pending in the U.S. District Court for the Eastern District of Texas and the U.S. District Court for the Northern District of California, as well as lawsuits in the United Kingdom, Germany and the Netherlands.
In addition, the companies will collaborate in multiple technology areas, including the development of the next generation 5G cellular standards, the optimization of existing wireless networks for the benefit of operators and users worldwide, and video traffic optimization.
"We are pleased with this new agreement with Apple, which clears the way for both companies to continue to focus on bringing new technology to the global market, and opens up for more joint business opportunities in the future," said Kasim Alfalahi, Chief Intellectual Property Officer at Ericsson.
|
Related News
- MOSAID and IBM Sign Patent License Agreement, Resolve Patent Litigation Suit
- Fujitsu Microelectronics and Nanya Technology Sign License Agreement to Settle Patent Dispute
- Qualcomm And LGE Enter Into a New Global Patent License Agreement
- WiLAN and Several Subsidiaries Sign Comprehensive Semiconductor License Agreement with SK hynix
- Rambus and Socionext Sign Broad Patent License Agreement
Breaking News
- Truechip Adds USB 4 Hub Model & USB 4 Retimer Model to its Verification IP Portfolio
- EnSilica chassis control ASIC for premium automotive brand enters mass production
- Vidatronic Announces Power Management IP Now Certified on Globalfoundries' 22FDX® Platform for IoT Applications
- Synopsys and Arm Strengthen Partnership to Advance Next-Gen Mobile SoCs for Arm's Total Compute Solutions
- Arm Total Compute Solutions redefine visual experiences and supercharge mobile gaming
Most Popular
- Synopsys and Arm Strengthen Partnership to Advance Next-Gen Mobile SoCs for Arm's Total Compute Solutions
- UMC, eMemory, and PUFsecurity Announce Successful Silicon-Proven Secure Embedded Flash IP
- New startup MachineWare enables ultra-fast RISC-V simulation
- Arm Total Compute Solutions redefine visual experiences and supercharge mobile gaming
- Accenture Announces Intent to Acquire XtremeEDA to Expand Silicon Design Capabilities in Canada and US
![]() |
E-mail This Article | ![]() |
![]() |
Printer-Friendly Page |