Nokia Signs Patent License Agreement With HP; Resolves All Patent Litigation
Portfolio Pulse from Benzinga Newsdesk
Nokia has signed a multi-year patent license agreement with HP, resolving all patent litigation between the two companies. HP will make royalty payments to Nokia for the use of its video technologies.
October 29, 2024 | 10:19 am
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POSITIVE IMPACT
Nokia has entered into a multi-year patent license agreement with HP, which includes royalty payments to Nokia. This resolves all patent litigation between the two companies.
The agreement with HP is likely to have a positive impact on Nokia's financials due to the royalty payments. Resolving litigation also removes legal uncertainties.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
HP has signed a multi-year patent license agreement with Nokia, resolving all patent litigation. HP will make royalty payments to Nokia.
While the agreement resolves legal issues, the financial impact on HP is neutral as the royalty payments are likely manageable within its financial structure.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70