Daimler, Nokia End Mobile Tech War That Threatened Car Sales
- Carmaker and technology company sign license agreement
- Underlying patent dispute watched beyond car industry
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Daimler AG and Nokia Oyj settled their dispute over the licensing of wireless technology patents in cars, ending a legal battle that has been watched beyond the auto industry and initially threatened sales of the iconic Mercedes brand in its home country.
The deal resolves all legal proceedings between the two, including a complaint made by Daimler to the European Commission about Nokia. The companies agreed not to disclose the terms of the pact in a joint statement.