GE to Help Commercialize Nokia's Technologies and IP in Markets Beyond Telecommunications

GE to Help Commercialize Nokia's Technologies and IP in Markets Beyond Telecommunications Image Credit: Nokia

GE's Licensing business (GE) and Nokia have begun working together to commercialize cutting-edge Nokia technologies and intellectual property in markets beyond telecommunications. 

Nokia has joined forces with GE to develop programs using GE's expertise in partnerships, business models, licensing, technology transfers and new business creation in a variety of markets. GE brings a strong track record of monetizing technology and intellectual property (IP) from large commercial organizations to complement 

For Nokia, the collaboration will be led by Nokia Technologies, the company's licensing arm, which enables other companies to benefit from Nokia innovation. Many of the inventions originate from Nokia Bell Labs, which has a long history of disruptive innovation across a wide range of technology areas.

The first focus for the collaboration is incubating new business opportunities for Nokia Bell Labs' innovative space division multiplexing (SDM) technology using multi-mode optical fiber. This innovation has the potential to dramatically increase the capacity on a single fiber in communication networks. In addition, the same SDM technology can be used for advanced imaging capabilities, which could offer unique and compelling solutions for the medical market in devices such as endoscopes.

Pat Patnode, President of GE's Licensing Business
We're thrilled to work with Nokia to identify opportunities related to new technologies and intellectual property for commercialization. With our deep knowledge of industry trends, business models and technology, we can accelerate technology commercialization.

Jenni Lukander, HEad of Patent Business, Nokia
GE's experience and expertise in incubating new technology commercialization working with enterprises of all sizes gives the potential for a great collaboration.

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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