Nokia halts legal action against Daimler with mediation offer

Finnish telecoms equipment maker Nokia has called a temporary halt to legal action against Daimler in the hope the German carmaker will be open to mediation in their dispute over technology licensing fees. Daimler, along with Bury Technologies, Continental , Valeo and Thales-owned Gemalto had complained to the European Commission this year about fees demanded by Nokia for patents crucial to car communications. Nokia’s case in pursuit of fees from Daimler has thrown a spotlight on the wider battle between tech companies and the car industry over royalties for technologies essential for navigation systems, …read more

Source:: Yahoo Finance

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