Nordic Semiconductor, the Norwegian fabless semiconductor company specializing in wireless communication technology powering the Internet of Things (IoT). has announced a new agreement with patent pool administrator Sisvel to simplify standard essential patents (SEPs) licensing for LTE-M and NB-IoT cellular technologies.
The initiative offers a straightforward and efficient way for IoT device manufacturers to obtain end-product licenses through Nordic as the cellular module supplier. This agreement addresses common licensing challenges faced by developers in sectors such as smart health, smart energy, smart cities, and asset tracking.
This agreement aims to reduce business uncertainty and enable companies to concentrate their efforts on creating innovative products and services for the growing IoT market by standardizing licenses. Under the terms of this collaboration, developers will be afforded streamlined access to Sisvel’s licensing pool of more than 30 individual patent owners.
“Nordic Semiconductor has always been at the forefront of wireless technology, and we understand the importance of accessible and standardized licensing for the advancement of the IoT industry,” said Oyvind Birkenes, EVP BU Long Range at Nordic Semiconductor. “We believe this solution is a significant step towards a more efficient future for cellular IoT development.”
Sisvel CEO Mattia Fogliacco added, “We are thrilled to have a unique licensing program for cellular IoT backed by more than 30 patent owners. This new agreement with Nordic addresses a critical need in the IoT ecosystem. Our goal is to create a balanced and transparent licensing environment that supports innovation and growth for all stakeholders.”
Kristian Sæther, Nordic’s Product Director for Cellular IoT, expressed his gratitude, noting, “We have worked hard with Sisvel and the SEP owners in its pool over the last year to broker this agreement. The IoT market will benefit from greater licensing transparency and predictability. This new agreement offers efficiency and predictability to our customers. We look forward to seeing our peers and competitors recognize the importance of this work and join the pool solution so that the entire cellular IoT market can operate with more predictability and on a level playing field.”
Source/Photo Credit: Nordic Semiconductor
For more information about:
- The collaborating licensing initiative, click here.
- Nordic Semiconductor and its technology offerings, click here
- Sisvel and its patent licensing services, click here.
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