Home / / Apple, Ericsson reach patent licensing deal

Apple, Ericsson reach patent licensing deal

Cupertino to licence telecom vendor's cellular communication technology

Apple, Ericsson reach patent licensing deal
Ericsson has over 100 patent licence agreements with various companies

Apple has settled a year-long dispute with Swedish telecom vendor Ericsson by signing a patent deal that will see Ericsson licence cellular connectivity technology to Cupertino.

In a statement, Ericsson said that the deal would form the foundation of a long-standing partnership between the two companies. The dispute came after Ericsson claimed that Apple's previous licence to its technology - used in the iPhone and iPad to connect to cellular networks - had expired. The new deal will see Apple renew its licence.

As a result of the deal, Ericsson said that it expected revenue from its intellectual property to reach up to $1.64bn in 2015, up almost 30% from last year.

Apple isn't the only mobile handset maker to use Ericsson technology in its devices. Last year, the telecoms vendor signed a deal with Samsung that allowed the Korean manufacturer to use its cellular technology in its smartphones.

According to Reuters, the vendor has over 100 patent licence agreements with various companies, and a total library of around 37,000 patents to do with mobile telecoms.

Follow us to get the most comprehensive IT business news delivered fresh from our social media accounts on Facebook, Twitter, Youtube, and listen to our Weekly Podcast. Click here to sign up for our weekly newsletter on curated technology news in the Middle East and Worldwide.

REGISTER NOW | Webinar Event | Security you can bank on – Safeguarding the Middle East’s financial sector

Presented in partnership with security and network specialist Cybereason, the second in the three part webinar series will bring together a panel of experts to discuss how banks and financial institutions are evolving their service offering while simultaneously staying one step ahead of the cyber criminals who seek to bring their operations crashing to the ground.

CHANNEL AWARD 2018