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Nokia being sued for $17.7 billion by German company IP-Com

Categories: Nokia
By: , IntoMobile
Thursday, January 31st, 2008 at 9:47 AM

German company IP-Com is suing Finnish mobile telecommunications giant Nokia for $17.7 billion over 6 families of patents that were originally filed by Bosch. Fortress Investment Group which owns 50% of IP-Com is paying for the court case. Could this be out of spite for the recent decision to close the Bochum plant?

[Via: Cellular News]

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About The Author

Stefan Constantinescu

Stefan Constantinescu (@WhatTheBit on Twitter) has loved technology since as far back as he can remember. It started with computers, but in the past few years his passion has turned to mobile devices. As a mobile phone enthusiast who lives and breathes devices that connect to the internet, he knows he is not alone with this radical fascination of all things wireless. He is strongly opinionated and enjoys a good debate so leave comments in his posts and he’ll get back to you! Stefan began blogging as a hobby in the fall of 2006 and joined IntoMobile in the summer of 2007. Later he got a job at Nokia in March 2008, but as of June 2009 he has rejoined the IntoMobile team. He is currently based out of Helsinki, Finland.

  • newtype2011

    Absolutely. You don’t keep many friends when they feel like you stabbed them in the back. All is usually considered fair game when it comes to business, but you have to be ready for the repercussions that follow.

    Also, it seems like everyone wants a piece of the Nokia pie. I’m not surprised that this announcement has popped up shortly after declared its financial earnings!

  • Will Park

    $18 billion is huge! IP-Com is likely looking for a quick settlement with this lawsuit.

    These patent-hoarding companies are starting to get out of hand.