Patent Law

Sweetness & Light

By Gary Odom and Jordan Kuhn

Courtroom View Network has stopped licking its chops. The very day its $400 per day pay-per-view webcast of the Qualcomm-Nokia courtroom prizefight was to commence, they settle. Worldwide, no complaints now between these two. A 15-year agreement. Essentially, a comprehensive cross-license. Nokia pitches a few patents Qualcomm's way, including ones crucial to cell phone standards, so Qualcomm can muscle others. Nokia pays up-front and on-going royalties, the figures not disclosed. Both parties were gushingly pleased. Patents have a way of bringing companies together.

Full post as published by The Patent Prospector on July 23, 2008 (boomark / email).