Sisvel Acquires Over 450 Nokia Patents

Sisvel International, which already manage patent pools for the UHF-RFID, CDMA 2000, DVB-T, and DVB-T2 standards, announced that it has acquired 47 patent families comprised of more than 450 patents and applications originally filed by Nokia. Financial terms were not disclosed.

Sisvel noted that thirty-three of the patent families, consisting of more than 350 patents and applications, have been declared essential by Nokia to second, third and fourth-generation communications standards, including GSM, UMTS/WCDMA (Universal Mobile Telecommunications Service / Wide-Band Code Division Multiple Access) and LTE. The balance of the portfolio consists of implementation patents including video encoding optimization technologies. The acquired patents remain subject to certain prior agreements and Nokia is licensed under the portfolio as part of the acquisition.

"Sisvel has been extremely active in recent years working with the wireless industry to provide simplified access to essential wireless patents on fair, reasonable, and non-discriminatory, or FRAND, conditions," said Giustino de Sanctis, CEO of Sisvel International. Mr. de Sanctis also explained that "Acquiring the many essential patents in this key portfolio is a very significant step for Sisvel and a testament to Sisvel's commitment and determination to succeed in this space. We look forward to offering these essential patents on FRAND terms and to continuing our work within the wireless industry."
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