08:26 AM EDT, 10/29/2024 (MT Newswires) -- Nokia ( NOK ) said Tuesday that it has signed a multi-year patent license agreement with HP (HPQ), allowing the use of Nokia's ( NOK ) video technologies in HP's devices.

The Finnish company said it will receive royalty payments under the agreement.

Nokia ( NOK ) said the agreement resolves all patent litigation between the parties in all jurisdictions.

The terms of the agreement remain confidential as agreed between the parties.

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