- Agreement includes global cross-license for patented cellular standard-essential technologies and grants certain other patent rights.
- Settlement ends all ongoing patent-related legal disputes between the parties.
- Including effects of the settlement, and including ongoing IPR business with all other licensees, Ericsson estimates fourth quarter 2022 IPR licensing revenues will be SEK 5.5 – 6.0 b.
STOCKHOLM, Dec. 9, 2022 /PRNewswire/ — Ericsson (NASDAQ: ERIC) and Apple have reached a multi-year, global patent license agreement between the two companies. The agreement includes a cross-license relating to patented cellular standard-essential technologies and grants certain other patent rights.
Furthermore, Ericsson and Apple have mutually agreed to strengthen their technology and business collaboration, including in technology, interoperability and standards development.
This settlement ends…
