Nokia and Qualcomm declared this noon that they are going to stop pulling each other in front of courts or complaining to the EU Commission for using one or the other's favourite toys. Both companies are going to cross-license their technologies for the next 15 years. The deal covers GSM, EDGE, CDMA, WCDMA, HSDPA, OFDM, WiMax, LTE and even more stuff with fancy names and abbreviations.

Nokia will be allowed to use tech patented by Qualcomm in its handsets and in Nokia Siemens Networks network equipment. The Finns won't bash Qualcomm over the head with a bat made out of rolled up patents glued together with barbed wire strung around it, meaning Qualcomm can use technology in its chipsets for which Nokia holds the patents without landing in a spot of bother.

Nokia will stuff money down Qualcomms throat up-front and continue paying royalties. Apart from that, Nokia is also going to transfer some patents to Qualcomm which cover WCDMA, GSM and OFDMA. Both companies refrained from stating how much money is involved and sealed their lips concerning specific details. The deal comes just one day after a court case started in Delaware which was set to clarify the patent strife between both companies.

Nokia's CEO Olli-Pekka Kallasvuo said 'the positive financial impact of this agreement is within Nokia's original expectations and fully reflects our leading intellectual property and market positions' whilst possibly daydreaming about hiring a hitman and sending him over to Qualcomm.

'The terms of the new license agreement, including the financial and other value provided to Qualcomm, reflect our strong intellectual property position across many current and future generation technologies,' stated Qualcomms CEO Paul Jacobs very diplomatically.

The syllable 'Qual' means 'torment', or 'torture' in German. X