Nokia has signed a patent agreement with Amazon covering the use of Nokia’s video technologies in Amazon’s streaming services and devices. The agreement resolves all patent litigation between the parties, in all jurisdictions.

The terms of the agreement, including financial terms, remain confidential.

“We are pleased to have reached agreement on the use of Nokia’s video technologies in Amazon’s streaming services and devices,” said Arvin Patel, Chief Licensing Officer New Segments, at Nokia.

The settlement follows several lawsuits filed around the world by Nokia against Amazon since October 2023 for the unauthorised use of its video technologies in its streaming services and devices.

Other posts by :

1. Bank: “Charter racing to the bottom”
2. SpaceX IPO in June?
3. Russia postpones Starlink rival
4. Why don’t lawmakers like Netflix?
5. Viasat taps Ex-Im Bank to finance satellite
6. Bank: TeraWave not a direct threat to AST SpaceMobile
7. SpaceX lines up banks for IPO
8. SES to FCC: “Don’t auction more than 160 MHz of C-band”
9. Morgan Stanley downgrades Iridium

Categories: Articles, OTT

Tags: Amazon, Nokia, patent, streaming