The video ringtone company Vringo, which has been recently merged with patent trolls of Innovate/Protect, announced that it has acquired a portfolio of over 500 patents and patent applications from Nokia. Under the terms of the deal, Vringo will compensate Nokia with a cash payment and certain ongoing rights in revenues generated from the patent portfolio.
The portfolio of patents encompasses a broad range of technologies relating to cellular infrastructure, including communication management, data and signal transmission, mobility management, radio resources management and services. 31 of the 124 patent families acquired have been declared essential by Nokia to wireless communications standards such as 2G, 2.5G, 3G and 4G, related technologies like GSM, WCDMA, T63, T64, DECT, IETF, LTE, SAE and OMA.
Further details are included in a Form 8-K to be filed by Vringo with the United States Securities and Exchange Commission…
About The Author
Dusan Belic
Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do.
In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application.
Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.