Nokia Licenses Wi-Fi Patents to Stellantis, Acquires Patents from Huawei
Nokia has entered into two significant patent deals recently, licensing its WiFi patents to automotive giant Stellantis and acquiring a batch of patents from Huawei. This move by Nokia signals an ongoing strategy in the tech world where companies strengthen their intellectual property portfolios through strategic acquisitions.
📌 Key Takeaways
✓Nokia licenses WiFi patents to automotive company Stellantis
✓Nokia acquires a batch of patents from Huawei
✓These deals highlight the importance of IP in tech industry
WiFi Licensing DealIn this deal, Nokia has granted Stellantis access to its WiFi patent portfolio. Given that connectivity is becoming a crucial feature for modern vehicles, especially with the rise of autonomous driving technology and in-car entertainment systems, this agreeme...
