HELSINKI - Sisvel International, the company specializes in managing intellectual property and maximizing the value of patent rights, has bought more than 450 patents owned by Nokia.
A total of 350 of them covering significant parts of the 2G (GSM), 3G (UMTS / WCDMA) and (LTE) 4G technology. Another 100 or more include optimization of video encoding technology. As reported by Allaboutsymbian, Sunday (1/15/2012), obtained a patent remains subject to certain agreements that have been made before, and Nokia has a pre-license for all patents as part of the acquisition.
"The last few years, Sisvel has been very active working with the wireless industry to provide simple access, basic patents on a wireless connection with a fair, reasonable, and non-discriminatory," said Giustino de Sanctis, CEO of International Sisvel.
"Obtaining essential patents in this important portfolio is a very significant step for Sisvel, and is a testament to the commitment and determination to succeed Sisvel in this region. We hope to offer these essential patents on FRAND terms (fair, reasonable, non-discriminatory) , and continue our work in the wireless industry, "he added.
According Wirelessweek, Nokia still holds more than 30,000 patents and patent applications. From the Finnish handset maker earned nearly $ 640 million from patent licensing fees for second and third quarters of last year.
Intellectual property is a strong point for Nokia, which makes the Apple signed patent license agreements last summer and end the lawsuit in the United States International Trade Commission.
