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Nokia Inks Patent License Agreement with Amazon: Stock to Gain?
NOKNokia(NOK) ZACKS·2025-04-01 15:51

In 2023, Nokia accused Amazon of unauthorized use of its video technology. The lawsuit was filed against Amazon in India, the United States, Germany and the European Unified Patent Court. However, the recently signed deal put an end to all the legal disputes. The new agreement offers Amazon access to Nokia's multimedia technologies which will effectively enhance Amazon's streaming services and its Prime video content portfolio. Will NOK Stock Benefit From Strong Licensing Momentum? Nokia has kickstarted 202 ...