Apple Settles Patent Dispute With Nokia, Now In Business Together

A few months ago, Nokia got into a heated legal battle with Apple involving patent disputes. The former mobile phone giant accused the Cupertino company of using products that it has the rights to without permission. In response, Apple said that Nokia was just trying to latch on to the more successful firm for money. It would seem that this kerfuffle has finally ended and the two companies are best friends now.

In a recently released post, Apple announced the new deal that it made with Nokia, which basically makes them business partners in some capacity. Supposedly, the iPhone maker will receive infrastructure support from its former enemy while retaining some of the products that were the source of the dispute.

“Under a business collaboration agreement, Nokia will be providing certain network infrastructure product and services to Apple,” the post reads. “Apple will resume carrying Nokia digital health products (formerly under the Withings brand) in Apple retail and online stores, and Apple and Nokia are exploring future collaboration in digital health initiatives.”

As Fortune noted, this actually came as a huge surprise, especially to investors since it was expected that the patent suit would go on for a lot longer. One of the results of the settlement is the rise in Nokia’s shares, which enjoyed a nice eight percent bump compared to February of last year.

Then again, it might not be so surprising that Apple would be willing to end its legal battle with Nokia so fast since it has much bigger fish to fry. The American giant is currently in a massive fight against Qualcomm with much higher stakes, so it really couldn’t be expected to confront foes from two sides.

In any case, both Apple and Nokia will be revisiting the topic of future health technologies down the road. If the iPhone maker’s fight against the chip maker giant ends by that point, it will have a bigger incentive to resume its tussle with Nokia.