Nokia sees Canadian IP firm manage 2,000 of its patents in licensing and lawsuit push
Nokia, believing it can capitalise on the strength of its patent portfolio, will see around 2,000 of its patents and applications acquired to Canada-based Mosaid, which will earn both companies additional revenues from settlements and licensing deals. Nokia’s patents will now be owned by a new company formed by Mosaid, earning a third of the royalties from the patent portfolio. It won’t pay Nokia for the patents, instead it is expected to generate income from lawsuits and settlements from potential patent infringers, which utilise patented ideas and technologies....