InterDigital Inc (IDCC): nicmar: I have no idea what the QCOM-No...

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olddog967

Re: nicmar post# 341910

Sunday, 10/16/2011 12:36:26 AM

Sunday, October 16, 2011 12:36:26 AM

nicmar: I have no idea what the QCOM-Nokia license terms are so I cannot answer your question.

If the license terms include something similar to the wording in IDCC's LG license i.e. "including ownership as a result of acquisition", I would think Nokia would only owe the original $1,000.

Quote:
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Let's say nokia is paying qualcom $1000 for qualcom's patents and nokia is paying idcc $500 for idcc's patents. Qualcom purchases idcc. Does nokia now owe qualcom $1000 in the ongoing fees or do they owe $1500 to qualcom? .. nic

Quote:“Licensed Patents” mean all currently issued patents, and patents that issue from applications filed prior to or during the Term of this Agreement, including patents issuing from divisionals, continuations, and continuations-in-part of such applications, and reissue and reexamination patents thereof, which InterDigital Group or any of their Affiliates at any time during the Term owns (including ownership as a result of acquisition)."