Nokia and Amazon have signed a patent agreement that will allow the use of Nokia’s video technologies in Amazon’s streaming services and devices. This agreement resolves all pending patent litigation between the two companies globally.

Arvin Patel, Chief Licensing Officer New Segments at Nokia, stated, “We are pleased to have reached agreement on the use of Nokia’s video technologies in Amazon’s streaming services and devices.”

The financial terms of the agreement have not been disclosed as per the agreement between the parties involved. Nokia has invested significantly in multimedia research and development over the years, supporting its strong portfolio in technologies relevant to video compression, content delivery, and multimedia hardware.

Nokia has a longstanding history of innovation in video and multimedia, having created nearly 5,000 inventions related to these areas in the last 25 years. The company continues to focus on advancing the industry through its research and development efforts.

For those interested, further details about how Nokia’s patents support consumer electronics and multimedia services can be found on its official website.