ZTE and Ericsson Bury Hatchet, Resolve Patent Suits
Ericsson and ZTE today announced that they have come to terms over patent litigation between them. The companies have both signed a global cross-licensing agreement and agreed to drop all litigation. ZTE has also signed a royalty-bearing license agreement to certain Ericsson patents. The patents in question concerned GSM and 3G/UMTS cellular technology. Companies in the telecommunications space often use litigation as a tool to forge such licensing agreements.
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