Nokia and Qualcomm Expand License Agreement
Agreement covers all CDMA products and all CDMA standards,
including multi-mode
HELSINKI, Finland & SAN DIEGO, Ca.--(BUSINESS WIRE)--July 3, 2001--Nokia
(NYSE:NOK - news) and Qualcomm Incorporated (Nasdaq:QCOM - news) today
announced that they have expanded the terms of their existing CDMA terminal cross-license
agreement.
Under the terms of the multi-million dollar expansion, Nokia has also been granted a
royalty-bearing license under Qualcomm's patents to make and sell infrastructure equipment
for all CDMA wireless systems while Qualcomm is granted rights under Nokia's
CDMA-related and other patents to market and sell CDMA components, including
multi-mode integrated circuits.
As part of the agreement, Nokia will continue to pay royalties to Qualcomm for subscriber
equipment at the same rates established by the terms of the original cross-license agreement
in 1992, irrespective of the CDMA standard implemented.
``Nokia's industry-leading technology base, patent portfolio and cross-licensing arrangements
have historically enabled us to offer innovative products to our consumer and carrier
customers. We welcome the enhancement of our longstanding technology relationship with
Qualcomm and we look forward to the success of new, global third generation wireless
solutions,'' said Yrjo Neuvo, chief technology officer at Nokia Mobile Phones and member of
the Executive Board, Nokia Group.
``Over the last decade, Nokia has successfully expanded their telecommunications business
and has become the world's leading handset supplier,'' said Steve Altman, executive vice
president of Qualcomm and president of Qualcomm's Technology Alliance division. ``We
welcome the enhancement of the original Nokia-Qualcomm patent agreement to include all
CDMA standards for infrastructure equipment as well as subscriber equipment.''
biz.yahoo.com
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"...while Qualcomm is granted rights under Nokia's CDMA-related and other patents to market and sell
CDMA components.."
A cross license, allowing Q access to NOK's extensive cdma IP cache?
<ggggggggggggggggggggggggggggggggggggggggggggggggggggggggg>
Well, perhaps there are some trashy 3GPP proprietary UMTS cdma tidbits in the dump....
Finns saving face..... or trying...
Is IJ a kind-hearted man??
No mention of cross licensing NOK's GSM IP - proof positive that SpinCo will proceed. |
