Nokia Sells 450 Wireless and Video Patents to Sisvel

From PC World: Nokia has sold 450 wireless and video patents and patent applications to Sisvel International, an Italian patent licensing company.

The patents cover technologies used in GSM, 3G and LTE mobile devices, as well as in video encoding optimization systems, according to Sisvel.

Nokia will retain a license to use the intellectual property covered by the deal, which involves around one-sixtieth of its portfolio of pending and granted patents.

About 350 of the patents and patent applications have been declared by Nokia to be essential to standards for GSM, 3G and LTE (Long Term Evolution) wireless systems, Sisvel said. That would mean that not only Nokia, but also other mobile phone manufacturers, are likely to use them.

Sisvel will honor existing licensing deals for the patents between Nokia and other companies, said Sisvel, which is building a "patent pool" for LTE wireless systems. The company already operates a patent pool for the DVB-T digital TV broadcast system, and manages licensing for the patents on MP3 and MPEG Audio compression systems.

Nokia's patent portfolio still includes more than 30,000 individual patents and patent applications, it said. The strength of Nokia's portfolio was shown when it last year settled a legal battle with Apple. The settlement included a lump sum and ongoing royalty payments from Apple to Nokia.

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