Nokia and HTC said they reached a settlement...

Nokia and HTC said they reached a settlement ending all pending patent litigation between the companies and signed a patent collaboration agreement. HTC agreed to pay Nokia an undisclosed amount of money and will allow Nokia access to its LTE patent portfolio. All other terms of the agreement are confidential, the companies said Monday. The agreement “validates Nokia’s implementation patents and enables us to focus on further licensing opportunities,” said Paul Melin, Nokia chief intellectual property officer, in a news release (http://nokia.ly/M9bui5).