While terms of the cross-license agreement remain
confidential, Lenovo will make a net balancing payment to Nokia, the Finnish
telecom equipment maker said.
A Nokia spokesman declined to disclose the financial
details.
Nokia launched its legal battle against Lenovo in 2019 over
alleged infringement of 20 video-compression technology patents and had cases
in the United States, Brazil and India, in addition to six cases in Germany.
Lenovo had also sued Nokia in a court in California.
A Munich court ruled in September that Lenovo infringed one
of Nokia's patents, and it ordered an injunction and a recall of products from
retailers. The order was stayed in November by a German appeals court.
"The global accord struck will enable future
collaboration between our companies for the benefit of customers
worldwide," said John Mulgrew, chief intellectual property officer of
Lenovo.
Nokia's patent portfolio is composed of around 20,000 patent
families, including over 3,500 patent families declared essential to the 5G
technology standard.
Last month Nokia struck a deal with Samsung to license patents
covering its innovations in video standards.
Its Scandinavian rival, Ericsson, has also got ongoing
patent disputes with Samsung and KPN NV, the largest Dutch telecommunications
company.
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