Peace made between Nokia and Apple. The Finnish giant announced today that it has closed the long-standing legal battle with the apple company. The clash had begun in October 2009, when the European company had dragged its American competitor to court on charges of illegally using Nokia-patented technologies. Today, finally, the agreement: the Californians will pay their bitter rivals a one-off commission (it is not known of what amount) and royalties on the licenses of some patents.
“Apple and Nokia have agreed to settle the dispute – commented an Apple spokesman -. They will adopt a licensing scheme that will cover some of the two companies' patents, but not most of the innovations that make the iPhone unique. We are pleased to have put this matter behind us to return to focus on our respective businesses." According to the Finns, who are managing a company in crisis, the compromise reached could have a positive impact on the results of the second quarter. The opening on the Stock Exchange is positive: at 10 am Italian time, Nokia rises by 1,86%, to 4,362 euros, after a jump of more than 3% in the first trading days. However, nothing new for Apple shares in Frankfurt, which hover around parity.
Analyst Mikael Rautanen points out that today is “the first good news for Nokia in a long time. Finally the company will be able to concentrate on its business”. Yet according to many, the recent victory against the American giant could give the Finns the fuel to collect royalties elsewhere too. In the crosshairs at this point there could be the producers of Google Android.
