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Nokia and Nordic Semiconductor to simplify IoT Standard Essential Patent licensing

01/27/2022 | 03:00am EDT

Press Release

Nokiaand Nordic Semiconductor to simplify IoT Standard Essential Patent licensing

  • Nordic to give customers the opportunity to acquire licenses to Nokia’s cellular IoT technology when they purchase IoT hardware
  • Innovative new arrangement will facilitate amicable and efficient licensing
  • Licenses will be available to Nordic’s customers at the end device level

27 January 2022

Espoo, Finland and Oslo, NorwayNokia and Nordic Semiconductor announced today a pioneering new approach to licensing the use of cellular IoT Standard Essential Patents. Companies purchasing IoT hardware from Nordic will now be given the opportunity to acquire licenses to Nokia’s industry leading portfolio of cellular patents.

This new agreement, which is the first of its kind, will simplify and speed up the Standard Essential Patent (SEP) licensing process and provide greater transparency and predictability to companies delivering IoT products and services. Licenses will be available at the end device level and companies will continue to have the option to license direct with Nokia.

Nokia has defined, and contributed to open standards, many of the fundamental inventions used in virtually all cellular devices and LTE-M and NB-IoT technologies. In practice, this means any device that is connected to any cellular network automatically uses Nokia’s intellectual property.

Kjetil Holstad, EVP Product Management at Nordic Semiconductor said: “Nordic Semiconductor is all about making IoT easy for its customers. Through this collaboration with Nokia, we have now added transparency and predictability early in the design process, giving the increased clarity and certainty Nordic cellular IoT customers have been seeking over the past three to four years.”

Jenni Lukander, President of Nokia Technologies, said: “Nokia has a history of working closely with industry to find effective licensing solutions and this innovative new approach is another example. It’s a win-win for Nordic’s customers and Nokia, simplifying the SEP licensing process in the IoT space and making it easier for licensing agreements to be concluded amicably and efficiently. The move will support the future growth of cellular IoT and ensure that consumers benefit from an even greater range of connected products and services.”

Geir Langeland, EVP Sales at Nordic Semiconductoradded: “This is our first step in making the licensing of cellular IoT technology more predictable and transparent. If there are ways to make the process even simpler in the future, we will pursue them.”

Additional resources

About Nordic Semiconductor ASA

Nordic Semiconductor is a fabless semiconductor company specializing in ultra low power wireless technology for the IoT. Nordic’s reputation is built on leading-edge technology and development tools that shield designers from RF complexity, making Nordic a key player in the realization of a wireless future.

https://www.nordicsemi.com/

About Nokia

At Nokia, we create technology that helps the world act together.

As a trusted partner for critical networks, we are committed to innovation and technology leadership across mobile, fixed and cloud networks. We create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.

Adhering to the highest standards of integrity and security, we help build the capabilities needed for a more productive, sustainable and inclusive world.

Media Inquiries:
Nokia
Communications
Email: steven.bartholomew@nokia.com

Nordic Semiconductor
Communications
Email : David.Stone@nordicsemi.no

 


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Source: Nokia Oyj

2022 GlobeNewswire, Inc., source Press Releases

Stocks mentioned in the article
ChangeLast1st jan.
NOKIA OYJ 0.60% 4.7255 Delayed Quote.-15.71%
NORDIC SEMICONDUCTOR -2.62% 171.2 Real-time Quote.-40.98%
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