Nokia sues Apple for infringing technology patents

Apple sued Acacia Research Corp and Conversant Intellectual Property Management Inc [GEGGIM.UL] on Tuesday, accusing them of colluding with Nokia to extract and extort exorbitant revenues unfairly and anticompetitively from Apple. "Since agreeing a license covering some patents from the Nokia Technologies portfolio in 2011, Apple has declined subsequent offers made by Nokia to license other of its patented inventions which are used by many of Apple's products," Nokia said in a statement.