The patent provision in the settlement is "a good thing for the tech industry," added Chandran Iyer, a partner in the intellectual property law firm Sughrue Mion in Washington, D.C.
The deal "provides great certainty and predictability to these rival companies that make competing products" in the smartphone hardware and operating system markets, he said in an email.
The settlement could have a big impact, including fewer mobile patent lawsuits, he said.
The deal "will allow the mobile patent wars to be resolved amicably at a negotiating table instead of at the courts," he added. "Since a FRAND license provides greater predictability with respect to a company's cost in making a product, one long-term impact of this agreement is that customers will not have to pay higher prices for technology because companies no longer will need to pass the cost of litigation down to their customers."
Sign up for Computerworld eNewsletters.