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Friday, January 13, 2012

Patent management company Sisvel acquires over 450 Nokia patents

Patent management and licensing business Sisvel International has acquired more than 450 patents and applications originally filed by Nokia. The patents and patent applications, which form 47 ‘patent families’, cover technologies used in a wide range of mobile communications devices and services. Nokia is licensed under the portfolio as part of the acquisition.

More than 350 of the patents and applications are essential to second, third and fourth-generation communications standards, including GSM, UMTS/WCDMA and LTE, according to Nokia.

Giustino de Sanctis, CEO of Sisvel International, said “Sisvel has been extremely active in recent years working with the wireless industry to provide simplified access to essential wireless patents on fair, reasonable, and non-discriminatory, or FRAND, conditions. Acquiring the many essential patents in this key portfolio is a very significant step for Sisvel and a testament to Sisvel’s commitment and determination to succeed in this space. We look forward to offering these essential patents on FRAND terms and to continuing our work within the wireless industry.”

Sisvel’s experience includes managing patent portfolios related to the MP3 audio compression standard. It currently operates patent pools for the UHF-RFID, CDMA 2000, DVB-T and DVB-T2 standards, and is in the process of creating patent pools for LTE, DVB-C2 and WiFi.

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Author: The Fonecast
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Tags: nokialegalpatent

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