The Chinese mobile phone brand and OEM has pen the paper to acquire patent right from Nokia.
Nokia has announced that it has entered into a wide ranging patent and networking equipment deal with Xiaomi, the Chinese maker of smartphones, wearables and other hardware.
A year after buying 1,500 patents from Microsoft, Xiaomi is digging into the global intellectual property pool once again.
The deal covers three main areas: Nokia and Xiaomi have inked a cross licensing deal covering cellular standard essential patents; Xiaomi has acquired unspecified patents from Nokia; and Nokia will provide network equipment to Xiaomi and will collaborate on building IP transport solutions. The pair will also consider “further cooperation” in other areas Internet of Things, augmented and virtual reality and artificial intelligence.
It’s also not clear how and if the Nokia patents are related to those Xiaomi purchased from Microsoft: if you recall, Microsoft and Nokia were once close partners, and then Microsoft acquired Nokia’s handset business, before eventually winding that disastrous venture down.
Source: https://techcrunch.com/2017/07/05/nokia-and-xiaomi-ink-patent-and-equipment-deal-xiaomi-buys-nokia-patents/
The Chinese mobile phone brand and OEM has pen the paper to acquire patent right from Nokia.
Nokia has announced that it has entered into a wide ranging patent and networking equipment deal with Xiaomi, the Chinese maker of smartphones, wearables and other hardware.
A year after buying 1,500 patents from Microsoft, Xiaomi is digging into the global intellectual property pool once again.
The deal covers three main areas: Nokia and Xiaomi have inked a cross licensing deal covering cellular standard essential patents; Xiaomi has acquired unspecified patents from Nokia; and Nokia will provide network equipment to Xiaomi and will collaborate on building IP transport solutions. The pair will also consider “further cooperation” in other areas Internet of Things, augmented and virtual reality and artificial intelligence.
It’s also not clear how and if the Nokia patents are related to those Xiaomi purchased from Microsoft: if you recall, Microsoft and Nokia were once close partners, and then Microsoft acquired Nokia’s handset business, before eventually winding that disastrous venture down.
Source: https://techcrunch.com/2017/07/05/nokia-and-xiaomi-ink-patent-and-equipment-deal-xiaomi-buys-nokia-patents/
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