Nokia and Amazon Sign Patent Agreement

Nokia announced that it has signed a patent agreement with Amazon, covering the use of Nokia’s video technology in Amazon’s streaming services and devices. This agreement resolves all patent lawsuits between the parties in all jurisdictions. According to the agreement between both parties, the terms of the agreement, including financial terms, remain confidential.
“We are pleased to have reached an agreement to use Nokia’s video technology in Amazon’s streaming services and devices, “said Arvin Patel, Chief Licensing Officer of Nokia.

Nokia is a leader in video and multimedia technology development, including video compression, content transmission, content recommendation, and hardware related aspects. Over the past 25 years, Nokia has created nearly 5000 inventions that have made multimedia products and services possible, and continues to play a leading role in multimedia research and standardization.
Nokia’s expertise in multimedia and video research is built on continuous investment to drive industry development. Since 2000, Nokia has invested over 150 billion euros in research and development (exceeding 4.5 billion euros in 2024 alone) for cutting-edge technologies including mobile base stations and multimedia.