Nokia, RIM settle over patents

Finnish mobile giant Nokia said on Friday it was withdrawing all its lawsuits against RIM after reaching an agreement on patent licensing.

Finnish mobile giant Nokia said on Friday it was withdrawing all its lawsuits against RIM after reaching an agreement on patent licensing.

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Last month Nokia filed lawsuits in the United States, Britain and Canada against RIM claiming it had breached an agreement on using Nokia patents on WLAN local area network technology.

The Finnish company said the agreement includes a one-time payment and on-going payments, all from RIM to Nokia, with the specific terms confidential.