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Signed a contract with patent pool management company Sisvel.
Transparent access to over 30 patent holders
Transparent access to over 30 patent holders
Nordic Semiconductor has reduced business uncertainty by providing transparent access to over 30 patent holders for Standard Essential Patent (SEP) licenses for LTE-M and NB-IoT cellular technologies.
Nordic announced today that it has signed a new agreement with global patent pool manager Sisvel, giving developers easy access to Sisvel's LTE-M and NB-IoT wireless technology standard license pools.
This licensing initiative will enable IoT device manufacturers to secure end-product licenses from more than 30 patent holders of LTE-M and NB-IoT SEPs through cellular module supplier Nordic in a simple and efficient manner.
This agreement addresses common licensing challenges faced by cellular developers in areas such as smart health, smart energy, smart cities, and asset tracking.
Additionally, this agreement, which provides standardized licensing, will reduce business uncertainty and allow companies to focus on developing new and innovative products and services for the IoT market.
Oyvind Birkenes, Senior Vice President of Long Range Wireless Solutions at Nordic Semiconductor“Nordic, as a leader in wireless technology, recognizes the importance of accessible, standardized licenses for the advancement of the IoT industry,” said Nordic. “This will be a crucial foundation for moving towards a more efficient future for cellular IoT development.”
“We are excited about this new agreement with Nordic, which gives us a unique licensing program that includes over 30 patents for cellular IoT, addressing a critical need in the IoT ecosystem,” said Mattia Fogliacco, CEO of Sisvel. “Our goal is to create a balanced and transparent licensing environment that supports innovation and growth for all stakeholders.”
“Nordic has worked hard with Sisvel and the SEP owners over the past year to broker this agreement. The IoT market will now benefit significantly from improved licensing transparency and predictability,” says Kristian Sæther, Product Director Cellular IoT at Nordic Semiconductor. “The new agreement provides efficiency and predictability for our customers. We hope that more peers and competitors will recognize the importance of this work and join our patent pool solution, making the entire cellular IoT market more predictable and operating on a level playing field.”
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