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RIM and Nokia enter into patent licensing agreement

Submitted by on December 21, 2012 – 1:57 pm
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To resolve existing patent litigation between RIM and Nokia, the two companies have decided to enter into a licensing agreement. Nokia had previously demanded  a sales injunction on BlackBerry over the Finnish company’s patents around WiFi networks. While the specific terms of the agreement remain confidential, the financial structure will include a one time payment and on-going payments to Nokia.


The news comes right after RIM revealed its Q3 results showing a 50% YoY decline in device sales. As the patent agreement includes all devices with WiFi capabilities ie essentially RIM’s entire device portfolio, the licensing agreement could have a significant financial impact on the Waterloo based smartphone manufacturer. Nokia maintains one of the highest R&D budgets in the industry having spent close to EUR 45 billion over 2 decades to create a portfolio with over 10,000 patents.

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Dhruv loves technology & is passionate about travel, science in equal measure. Currently using a ZF2. Catch him on Twitter (@DhruvBhutani) / Facebook . The metal head down the block ;)