
Nokia and Daimler locked horns in Germany’s courts last year because the maker of the Mercedes-Benz refused the Finnish company’s demand to pay a lump sum for patents used in its vehicles. — Bloomberg
Daimler AG and Nokia Oyj settled their dispute over the licensing of wireless technology patents in cars, ending a legal battle that has been been watched beyond the auto industry and initially threatened sales of the iconic Mercedes brand in its home country.
The deal resolves all legal proceedings between the two, including a complaint made by Daimler to the European Commission about Nokia. The companies agreed not to disclose the terms of the pact in a joint statement.
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