The cellphone giants renew their patent license agreement. Nokia and RIM just announced the renewal of a multi-year patent license agreement, covering the worldwide use of standards essential patents for GSM, WCDMA and CDMA2000 technologies.

‘Today’s announcement demonstrates the success of Nokia’s increased focus on patent out-licensing’ said Ilkka Rahnasto, Vice President, Intellectual Property Rights, Nokia. ‘This agreement confirms Nokia’s leading role in developing key technologies and the value of our patent assets’.

To see the completely agreement head over to Nokia’s Website.