Litigation season is upon us again with this time ending on a happy note. As the Qualcomm debacle continues, Apple however has come to an agreement with Nokia, both announced today that they have settled all litigation related to their intellectual property dispute and agreed a multi-year patent license.

“This is a meaningful agreement between Nokia and Apple,” said Maria Varsellona, Chief Legal Officer at Nokia, responsible for Nokia’s patent licensing business. “It moves our relationship with Apple from being adversaries in court to business partners working for the benefit of our customers.”

Under a business collaboration agreement, Nokia will be providing certain network infrastructure product and services to Apple while Apple will resume carrying Nokia digital health products in its retail and online stores. “We are pleased with this resolution of our dispute and we look forward to expanding our business relationship with Nokia,” said Jeff Williams, Apple’s chief operating officer.

While details of the agreement remain confidential, Nokia will receive an up-front cash payment from Apple, with additional revenues during the term of the agreement. You see everything can be resolved with a level head and cash!