Nokia Reaches Settlement In GPS Patent Suit

By Ben James

Law360, New York (March 03, 2010, 2:31 PM ET) -- Engineering and manufacturing company ITT Corp. has announced a settlement with Nokia Corp. in an infringement suit an ITT subsidiary brought against several companies — including LG Electronics Inc., Motorola Inc., Verizon Wireless and Qualcomm Inc. — over a patent related to GPS technology.

The plaintiff and Nokia reached a confidential settlement that resolves all claims in the U.S. District Court for the District of Delaware regarding Nokia's mobile devices with assisted GPS technology, ITT announced Tuesday.

"ITT is pleased with this outcome, and our actions...
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