Apple and Nokia have announced a resolution to the patent dispute that began late last year. In addition to settling all litigation related to the intellectual property dispute, the two companies have also agreed to a multi-year patent license, which will see Nokia providing certain network infrastructure products and services to Apple, and Apple returning Nokia’s digital health products (formerly Withings) to its store shelves.
The two companies are also exploring future collaboration in digital health initiatives, with regular summits between their top executives to maintain the business relationship. Details of the agreement remain confidential, however Nokia will receive an up-front cash payment from Apple, with additional payments made during the term of the agreement.
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