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JOINT PRESS RELEASE OF NOKIA AND DAIMLER AG: DAIMLER AND NOKIA SIGN PATENT LICENSING AGREEMENT

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Daimler and #nokia announced today that they have signed a patent licensing agreement. Under the agreement, #nokia licenses mobile telecommunications technology to #Daimler and receives payment in return.

The parties have agreed to settle all pending litigation between #Daimler and #nokia, including the complaint by #Daimler against #nokia to the European Commission. The terms of the agreement remain confidential as agreed between the parties.

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