Ericsson and Apple decided a patent dispute out of court

Ericsson and Apple decided a patent dispute out of court

22.12.2015 News

Ericsson and Apple decided a patent dispute out of courtLast winter two well-known manufacturers of technique went to court with counter-accusations of patent infringement. Apple representatives accused their Swedish competitors in the application of technologies in the transmission network, the Swedes responded by suing a counter statement in which it accused Apple of using of their cellular technologies in the production of its equipment.

The company managed to resolve the conflict before the court. According to informed sources, the dispute is now settled in the United States, Britain, Germany and the Netherlands.

In addition, the two companies signed a patent cooperation agreement. Financial details of the agreement were not disclosed. This agreement implies that one party grants to the other one intellectual property rights to several patents.

According to experts, the agreement between the two companies, will help Ericsson significantly increase their revenues. They predict that the Swedish manufacturer of equipment revenue will rise from 9.9 billion kronor ($ 1.15 billion) to 13-14 billion kronor ($ 1.52-1.64 billion).

Ericsson representative Kalsim Alfalahi said the company is very pleased with the agreement with the American corporation Apple, it will help them to reach a new level in sales, open up new opportunities in production and this agreement will serve as a good start for further close cooperation between the two large companies.

This agreement is concluded for a period of seven years. So the companies not only to resolve the conflict before the court, but has also become a promising business – partners.

After signing an agreement with Apple, Ericsson shares immediately jumped 7% on Monday. Analysts estimate the deal positively, noting that it will increase the income of companies and bring new technologies to the world.

Source: www.wsj.com

Other articles

  • globallogic hexacta
    News

    GlobalLogic Acquires Hexacta, an Innovative Digital Engineering Firm in Latin America

    Company Continues Strategic Expansion Adding New Service Capabilities, Talent, and Broadening Nearshore Footprint SAN JOSE, Calif.—January 5, 2023— GlobalLogic Inc., a Hitachi Group Company and Digital Engineering Leader, today announced the acquisition of Hexacta, a Pan-Latin-America digital and data engineering company. The acquisition is part of GlobalLogic’s continued strategy to expand its offerings, and its […]

  • Тест
    Analytics

    Тест

    тест     тест

  • globallogic healthtech 1
    News

    GlobalLogic engineers help create nearly 10% of the global medical device market

    Last year, the global medical device market reached $532.62 billion, according to Mordor Intelligence. Ukrainian engineers are involved in the projects of key players, which occupy almost 10% of the market. This share can be estimated at 50 billion US dollars*. Domestic specialists create more than a hundred software solutions of various levels. These include […]

  • 2779913
    News

    Twitter працює над відновленням відеосервісу Vine

    Новий власник Twitter Ілон Маск доручив інженерам попрацювати над перезавантаженням Vine, яке може бути готове до кінця нинішнього року. Про це повідомляє Axios. Зазначається, що інженерам компанії необхідно вивчити стару кодову базу відеосервісу, яка не змінювалася та не оновлювалася з моменту закриття, а саме з 2016 року, коли з’ясувалося, що майданчик не витримує конкуренції. Втім, одне з […]

  • picturepicture 156446930057951110266878 96171
    News

    CREDIT AGRICOLE TOPS THE SOCIAL RESPONSIBILITY RATING AMONG BANKS ACCORDING TO STANDARD-RATING

    Credit Agricole has been ranked first in the social responsibility rating of the banking sector, created by Standard-Rating based on the 2022 half-year results. The rating agency commended the bank’s contribution to the economy of Ukraine. The bank has paid UAH 100 million in taxes in advance, while issuing UAH 1.2 billion in loans under […]

  • impact automotive
    News

    How Ukrainian developers make impact on road safety

    From October 1, drivers must turn on the dipped headlights of the car outside the city. This helps to additionally mark the vehicle in conditions of low visibility within the autumn-winter period. GlobalLogic reminds about the importance of compliance with traffic rules and tells about the developments of Ukrainian engineers that affect road safety. In […]

  • 750x450 press release image ua
    News

    Intellias completes acquisition of Digitally Inspired, strengthening expertise in the Retail and eСommerce industry

    Intellias, a global software engineering and digital consulting company, has announced the completion of its acquisition of Digitally Inspired, a fast growing, UK based peer, focusing on the Retail and eCommerce industry. “I am delighted to welcome the Digitally Inspired team to Intellias. It is symbolic that Intellias’ twentieth anniversary coincided with signing an agreement […]

  • shutterstock 1920327596
    News

    3×4, a recently-founded Ukrainian Web3 fundraising platform, launches its first campaign

    3×4, a Web3 fundraising platform for non-profits, has been launched in Ukraine to bring innovative crypto & NFT fundraising to the rising number of social impact causes. 3×4 helps non-profit organizations to fundraise utilizing NFTs in collaborations with artists and brands while providing donors utility, revenue and transparency. The idea of 3×4 was born in […]

Read also

51851194 246960502892797 2306038550484746240 n
News

The film of a beginner director charmed social networks – more than 1 million views in two days!

French actress and director Maylis de Poncins, author of the sensual short film “Je suis dons tu es” (“I am, therefore you are”), became one of the favorites in the qualifying round of the Only 140 seconds and a lot of meanings – the film won’t leave you indifferent! Maylis de Poncins is a young actress who has proven […]

Next
Ericsson and Apple decided a patent dispute out of court
News

Toshiba’s net profit for April-September was $ 33 million

The Japanese electronics giant Toshiba Corporation in the first half of the 2020-2021 fiscal year (ended September 30) earned a net profit of 3.493 billion yen ($ 32.95 million) against a loss of 145.146 billion yen ($ 1.3 billion) a year earlier. it is said in the company’s reporting. The company’s operating profit was 3.114 […]

Next
Ericsson and Apple decided a patent dispute out of court
News

The regulator took away the license from Donetskblgaz

The National Commission for Energy and Utilities has revoked the license of Donetskoblgaz, Ukrinform reports. “To revoke the license of PJSC Donetskoblgaz for the right to conduct economic activity in the distribution of natural, oil and gas (methane) coal deposits, issued in accordance with the resolution of the National Electricity Regulatory Commission of Ukraine,” the […]

Next
Ericsson and Apple decided a patent dispute out of court
News

Gulliver: «… there is no base for court decision on the arrest of the property “

Ukrainian media notified again about the arrest of accounts of the shopping center Gulliver. The repeat arrest . It was publicized en masse, invoking the statement by the press service of the prosecutor’s office of Kyiv. According to the media, in a statement of the Metropolitan Prosecutor’s it is talking about the fact that “in […]

Next
Ericsson and Apple decided a patent dispute out of court
News

A new head of PrivatBank has been appointed

The Supervisory Board of the state-owned PrivatBank has elected Gerhard Bösch as the new Chairman of the Board. This was announced on Thursday, May 27, the press service of the bank. It is noted that Bösch will take office after the approval of his candidacy by the National Bank of Ukraine. According to the press […]

Next
Ericsson and Apple decided a patent dispute out of court
News

January 1 it was launched the declaration campaign 2017

Citizens of Ukraine have begun to declare their income since the onset of the new year. Declaration procedure means that citizens declare their cash flows for the past 2016. Every taxpayer has the right to personally file a declaration at the place of tax addresses, or else to transfer its powers to another individual for […]

Next
Ericsson and Apple decided a patent dispute out of court
News

Japan’s Honda will invest a considerable sum of money in its production in Canada

The Government of Canada and, directly, the municipality of the largest city Toronto will help to improve automotive industry Honda. This information is provided by investment portal InVenture Ukraine. It is known that the forward Japanese manufacturer of motorcycles and automobiles will invest in their businesses in the central Canadian provinces – Ontario (Mr. Elliston) […]

Next
Ericsson and Apple decided a patent dispute out of court
News

What can attract Arab companies on the Ukrainian market?

In Ukraine it may soon be a new bank, whose founders will be the Arab leaders of business – community. About this initiative, which sounded Ukrainian-Arab Business Council, informs UNIAN source. This proposal of Council was strongly supported by the authorized persons of the National Bank and the Cabinet. The ofmeeting of business circles of […]

Next
Ericsson and Apple decided a patent dispute out of court
News

SpaceX has postponed the launch of the 12th group of Starlink satellites

American company SpaceX Elon Musk moved on September 1 launch rocket Falcon 9 from 12 th group of satellites Starlink due to bad weather. The press service of the company announced on Sunday, August 30, on Twitter. “Today ‘s launch of Starlink is canceled before the flight due to difficult weather conditions. The next launch […]

Next
Ericsson and Apple decided a patent dispute out of court
Analytics

Female solicitors in Scotland earn 42% less than their male colleagues

A recent study by the Law Society of Scotland has shown a 42% pay gap between female solicitors and their male counterparts, despite women representing half of the legal profession in Scotland. The Law Society found that from the age of 36, women are paid a lower salary, on average £18,000 less, than men of […]

Next
Ericsson and Apple decided a patent dispute out of court
News

Europe suspects McDonald’s in violation of tax legislation

The chain of one of the world’s most popular fast food restaurants McDonald’s is suspected in violating tax laws in Europe. Today, the European Commissioner for Competition Margaret Vestager plans to announce a formal investigation into tax treaties with Luxembourg McDonald’s – reports Reuters with reference to informed sources. The investigation is scheduled to consider […]

Next
Ericsson and Apple decided a patent dispute out of court
News

Starbucks customers will know from which grain prepared their beverage

In the US, customers in Starbucks stores will be told the code of the drink, with which they can get information about where the grain of their choice was delivered, in what conditions it was grown and fried. Farmers who cooperate with the network, also can track their products. “We’ve been able to keep track […]

Next
Ericsson and Apple decided a patent dispute out of court
News

Founder of the EBay, Pierre Omidyar, has left the company’s board of directors

Founder of the platform for online auctions of the eBay Pierre Omidyar will leave the company’s board of directors and receive the title of Director Emeritus, according to release in the eBay. “For 25 years I have proudly watched as the company that I created, opened up the economic opportunities for people around the world. […]

Next
Ericsson and Apple decided a patent dispute out of court
News

Hungarian businessmen are ready to develop Ukrainian winemaking

Hungarian businessmen interested in the wine industry in Ukraine. They are willing to invest and develop the wine industry with a view to the sale of Ukrainian wines in Europe. This interest was announced during a meeting of Taras Kutovoy, the Minister of Agrarian Policy of Ukraine and Industry with Erno Keshkenom, Hungarian Ambassador to […]

Next
Ericsson and Apple decided a patent dispute out of court
News

Lifecell sold towers to the Ukrainian sister company for $ 52 million

Mobile operator lifecell sold its sister company telecommunication towers in Ukraine.  The Ukrtower Company will pay minimum $ 52 million plus taxes for  811 objects. This is stated in the message of the owner of the company – Turkish Turkcell Holding. According to the report, the resolution on the transaction was carried by the Turkish […]

Next