Telecom Lead America: Nokia has sold over 500 patents and
patent applications worldwide to Vringo, a company engaged in the development
and monetization of mobile technologies and intellectual property.
Nokia said these patents also include 109 issued United
States patents.
The transaction involves cast payment from Vringo to
Nokia and certain ongoing rights in revenues generated from the patent
portfolio.
The portfolio includes a range of technologies relating
to cellular infrastructure, including communication management, data and signal
transmission, mobility management, radio resources management and services.
Thirty one of the 124 patent families acquired have been declared
essential by Nokia to wireless communications standards. Standards represented
in the portfolio are commonly known as 2G, 2.5G, 3G and 4G and related
technologies and include GSM, WCDMA, T63, T64, DECT, IETF, LTE, SAE, and OMA.
