The deal between HTC is just the latest patent deal as technology companies look to end the squabbling over intellectual property. February 7, 2014 11:50 AM PST (Credit: CNET) HTC and Nokia said on Friday that they would settle their legal differences over disputed patents, just the latest in a recent trend of surprising camaraderie between tech companies. Related stories Verizon approves Android KitKat for HTC One HTC in hunt for 'high end' Nexus tablet, report says HTC confirms plans to sell wearable device this year Xbox One gets updates for Kinect, storage HTC One successor may sport two rear cameras Under the agreement, the two companies would end all their pending patent lawsuits. HTC would pay Nokia a fee -- the amount of which was undisclosed -- for access to Nokia's technology and the two would collaborate on work involving HTC's LTE patents. The companies will also look at future technology collaboration projects as well. There have been a surprising number of deals struck in recent weeks. Google and Samsung Electronics said last month that they had struck a cross-licensing deal, further aligning two of the largest players in the wireless industry. Samsung, meanwhile, also inked a similar deal with Cisco Systems, believed to help it with its smart home strategy. HTC and Nokia, have long been at odds regarding their patents, and a deal brings a bit more stability to both sides. HTC is already dealing with falling profit and revenue, as it struggles to find a way to turn itself around, while Nokia is completing the sale of its devices unit to Microsoft. Of course, the biggest patent lawsuit in the industry -- a massive fight between Apple and Samsung -- remains. But with all of these deals breaking out, perhaps there's hope Apple and Samsung can make up too.
The deal between HTC is just the latest patent deal as technology companies look to end the squabbling over intellectual property.
HTC and Nokia said on Friday that they would settle their legal differences over disputed patents, just the latest in a recent trend of surprising camaraderie between tech companies.
Related stories
- Verizon approves Android KitKat for HTC One
- HTC in hunt for 'high end' Nexus tablet, report says
- HTC confirms plans to sell wearable device this year
- Xbox One gets updates for Kinect, storage
- HTC One successor may sport two rear cameras
Under the agreement, the two companies would end all their pending patent lawsuits. HTC would pay Nokia a fee -- the amount of which was undisclosed -- for access to Nokia's technology and the two would collaborate on work involving HTC's LTE patents. The companies will also look at future technology collaboration projects as well.
There have been a surprising number of deals struck in recent weeks. Google and Samsung Electronics said last month that they had struck a cross-licensing deal, further aligning two of the largest players in the wireless industry. Samsung, meanwhile, also inked a similar deal with Cisco Systems, believed to help it with its smart home strategy.
HTC and Nokia, have long been at odds regarding their patents, and a deal brings a bit more stability to both sides. HTC is already dealing with falling profit and revenue, as it struggles to find a way to turn itself around, while Nokia is completing the sale of its devices unit to Microsoft.
Of course, the biggest patent lawsuit in the industry -- a massive fight between Apple and Samsung -- remains.
But with all of these deals breaking out, perhaps there's hope Apple and Samsung can make up too.
