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ViewSonic becomes latest licensee of Nokia’s standards essential patents.

imagesCAWQM6C1ViewSonic has joined the long list of companies taking license of Nokia standards essential patents. Due to this settlement Nokia has withdrawn the cases against ViewSonic in Germany.

Nokia announced today that “Viewsonic recently took a royalty bearing license to Nokia’s wireless essential patents for 2G, 3G, 4G and wireless LAN, becoming the latest of more than 40 companies licensed to Nokia standards essential patents”. The immediate effects of this settlement include that two Nokia v. ViewSonic SEP trials scheduled to take place in Mannheim today were canceled, as was the announcement of a ruling on a case that went to trial in March, where the parties already confirmed to the court that they were in settlement talks.

Nokia still has more than 20 cases against ViewSonic in the U.S. and Germany, and the related litigation will continue. But, anyways this settlement will add some nice cash inflow on Nokia’s balance sheet.

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Nayan
Nayan has more than 10 years of experience of covering Technology and innovations. He is a big Nokia fan and Tech disruptions aficionado. He loves to review new cool gadgets and writing about Android, iOS, Gadgets and general Technology stuff. He has been associated with other well-known Tech sites WinCentral and GadgetOx since long. He currently sports a Lumia 950 XL and Nexus 5X. Other interests include listening to Nu-Metal Hits and Kick-Boxing. Write to him at Email: [email protected]
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