Nokia and RIM come to agreement over Wi-Fi patent

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Nokia has announced that it has entered a new patent licensing deal with Research in Motion.

The Finnish firm will accept a one-time payment scheduled for Q4 and on-going payments from Canadian BlackBerry maker RIM, although the specific terms of the agreement have not been disclosed.

"We are very pleased to have resolved our patent licensing issues with RIM and reached this new agreement, while maintaining Nokia's ability to protect our unique product differentiation," said Paul Melin, chief intellectual property officer at Nokia. "This agreement demonstrates Nokia's industry leading patent portfolio and enables us to focus on further licensing opportunities in the mobile communications market."

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VIA: ZDNET