Nokia to Get Payments From RIM as Companies End Disputes

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Nokia Oyj, the Finnish mobile-phone maker struggling to reverse a slide in sales, agreed to a patent-licensing deal with BlackBerry maker Research In Motion Ltd., ending all legal disputes between the companies.

RIM will make a one-time and “on-going” payments to Nokia, the Espoo, Finland-based company said todayBloomberg Terminal. Financial terms weren’t disclosed.