Nokia, Xiaomi Working Together on Multiyear Cross-Licensing Agreement

Nokia and Xiaomi are collaborating on a multiyear patent agreement to cross-license each company’s cellular standard essential patents, said the companies in a Wednesday announcement. Xiaomi also acquired patent assets from Nokia as part of the transaction, they said. Under the agreement, Nokia will provide network infrastructure equipment for web providers and data center operators, and the companies will work together on optical transport solutions for data centers, they said. The companies will explore opportunities for further cooperation in IoT, augmented and virtual reality and artificial intelligence.