Nokia, Amazon Settle Global Patent Dispute Over Streaming Technologies

Nokia and Amazon have settled a significant patent dispute concerning Nokia's video technologies used in Amazon's streaming services, including Prime Video. Announced on Monday, the licensing agreement ends extensive litigation across multiple jurisdictions, including the U.S., Germany, and India. This resolution follows a 15-month legal battle that began in October 2023 when Nokia accused Amazon of patent infringement. The deal marks Nokia's fourth licensing agreement in the video streaming sector and underscores its influential position in this emerging market. Although the financial terms of the agreement remain confidential, Nokia's chief licensing officer expressed satisfaction with the resolution. This outcome not only resolves the immediate conflict but also highlights the strength of Nokia's patent portfolio in the competitive tech landscape.