Nokia and Research In Motion have decided to settle all outstanding patent litigation between the two sides as each plots its own market recovery strategy.
image: http://feeds.directnews.co.uk/feedtrack/justcopyright.gif?feedid=3832&itemid=800931785 --- # [](https://www.innovation-asset.com/) - [Decipher®](https://www.innovation-asset.com/products-decipher) - [Services](https://www.innovation-asset.com/products/professional-services-0) - [Resources](https://www.innovation-asset.com/resources) - [Blog](https://www.innovation-asset.com/blog) - [About Us](https://www.innovation-asset.com/about) - [Contact Us](https://www.innovation-asset.com/contact) # Innovation Asset Blog # Nokia, RIM opt for patent licensing deal by [Peter Ackerman](https://www.innovation-asset.com/blog/author/peter-ackerman) Nokia and Research In Motion have decided to settle all outstanding patent litigation between the two sides as each plots its own strategy to close the widening gap in mobile market share created by Apple and Samsung. While the terms of the licensing agreement remain confidential, RIM will pay its Swedish competitor a one-time fee this quarter plus ongoing royalties. According to [Reuters](http://www.reuters.com/article/2012/12/21/us-nokia-rim-idUSBRE8BK09M20121221), Nokia has amassed an impressive [patent portfolio](https://www.innovation-asset.com/solutions/modules/decipher_portfolio_management/) following its collective $60 billion investment in mobile technology research and development during the past two decades. However, lagging sales and downgraded credit ratings have placed the company in a precarious financial situation in recent years. "We are very pleased to have resolved our [patent licensing](https://www.innovation-asset.com/solutions/modules/decipher_commercialization/) issues with RIM and reached this new agreement, while maintaining Nokia's ability to protect our unique product differentiation," Nokia chief intellectual property officer Paul Melin stated. On the other side of the negotiating table, RIM is preparing for what could be a pivotal few months. According to [CNET](http://news.cnet.com/8301-1035_3-57560463-94/rims-stock-is-in-retreat-heres-why/), the company recently saw its stock price take a double-digit hit just a day after a better-than-expected quarterly earning report. This news followed speculation that the company may have to slash its traditional security service surcharges in an effort to boost interest in its BlackBerry 10 product line, which debuts next month.  ### [Peter Ackerman](https://www.innovation-asset.com/blog/author/peter-ackerman) Founder & CEO, Innovation Asset Group, Inc. [December 20, 2012](https://www.innovation-asset.com/blog/nokia-rim-opt-for-patent-licensing-deal) ### Subscribe to Email Updates ### Introducing Decipher® ### Categories - [Intellectual Property Management (459)](https://www.innovation-asset.com/blog/topic/intellectual-property-management) - [Commercialization and Licensing (210)](https://www.innovation-asset.com/blog/topic/commercialization-and-licensing) - [Invention Disclosure (201)](https://www.innovation-asset.com/blog/topic/invention-disclosure) - [Innovation Strategy (20)](https://www.innovation-asset.com/blog/topic/innovation-strategy) - [Ideas for Good (6)](https://www.innovation-asset.com/blog/topic/ideas-for-good) - [Innovation Team (3)](https://www.innovation-asset.com/blog/topic/innovation-team) ### News Archives - [January 2013 (26)](https://www.innovation-asset.com/blog/archive/2013/01) - [September 2012 (25)](https://www.innovation-asset.com/blog/archive/2012/09) - [October 2012 (22)](https://www.innovation-asset.com/blog/archive/2012/10) - [November 2012 (22)](https://www.innovation-asset.com/blog/archive/2012/11) - [November 2010 (21)](https://www.innovation-asset.com/blog/archive/2010/11) - [February 2011 (21)](https://www.innovation-asset.com/blog/archive/2011/02) - [July 2012 (21)](https://www.innovation-asset.com/blog/archive/2012/07) - [December 2012 (21)](https://www.innovation-asset.com/blog/archive/2012/12) - [January 2012 (20)](https://www.innovation-asset.com/blog/archive/2012/01) - [March 2012 (20)](https://www.innovation-asset.com/blog/archive/2012/03) ##### Portland, Oregon USA ##### © Innovation Asset Group, Inc. ##### [Privacy Policy](https://www.innovation-asset.com/privacy-policy/) | [Terms & Conditions](https://www.innovation-asset.com/terms-and-conditions/) | [Contact Us](https://www.innovation-asset.com/contact/) -