Apple and Ericsson end legal battle over wireless patents

23 Dec 2015 | Author: | No comments yet »

Apple and Ericsson bury the hatchet with a new 7-year patent deal.

Telecom infrastructure firm Ericsson has entered a worldwide patent cross-licensing agreement with Apple, ending all infringement claims between the two companies. The agreement includes a cross licence that covers patents relating to both companies’ standard-essential patents (including the GSM, UMTS and LTE cellular standards), and grants certain other patent rights. Ericsson estimates that its revenues from intellectual property rights in 2015 would rake in roughly $1.5 billion in 2015, including licensing fees from Apple. 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 billion (€1.4bn) to SEK 14 billion.

This agreement ends investigations before the US International Trade Commission, lawsuits pending in the US District Court for the Eastern District of Texas and the US District Court for the Northern District of California, as well as lawsuits in the United Kingdom, Germany and the Netherlands.

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