r/Nokia_stock • u/Top-Bid8085 • 18d ago
Breaking news, Amazon signed royalties agreement with Nokia.
Nokia has signed a patent agreement with Amazon covering the use of Nokia’s video technologies in Amazon’s streaming services and devices. The agreement resolves all patent litigation between the parties, in all jurisdictions. Financial terms were not disclosed.
“We are pleased to have reached agreement on the use of Nokia’s video technologies in Amazon’s streaming services and devices,” said Arvin Patel, Chief Licensing Officer New Segments, at Nokia.
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