Ericsson, Apple Agree on New Multiyear Patent Deal, Ending Legal Battle
09 Dezember 2022 - 3:21PM
Dow Jones News
By Dominic Chopping
STOCKHOLM--Ericsson AB said Friday it has reached a multiyear,
global patent license agreement with Apple Inc., ending a yearlong
legal battle over the use of Ericsson's technology in products such
as iPhones.
Apple first licensed Ericsson's patents in 2008 when it released
the first iPhone. When that deal expired, a 2015 complaint by
Ericsson against Apple led to another global cross-license deal
between the companies, but those licenses expired after talks to
renew the deal at the end of 2021 failed.
Since then, the two companies have filed lawsuits against each
other in several countries, all of which will now be dropped.
In addition to a cross-license deal relating to patented
cellular standard-essential technologies and certain other patent
rights, the deal will see the two companies strengthen their
technology and business collaboration, including in technology,
interoperability and standards development, Ericsson said.
Ericsson didn't disclose a value of the deal but said the
agreement is backdated to Jan. 15, 2022, and in addition to
existing deals with other licensees, it expects to report
intellectual property licensing revenue of 5.5 billion to 6.0
billion Swedish kronor ($532.4 million-$580.8 million) in the
fourth quarter of 2022.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
December 09, 2022 09:06 ET (14:06 GMT)
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