Nokia, Firehouse Subs, Winnipeg Jets, Hells Angels: Intellectual Property - Bloomberg

Nokia Oyj (NOK1V) transferred about 2,000 patents and patent applications to Mosaid Technologies Inc. (MSD), a Canadian owner of intellectual property in electronics, in a move that may reduce administration costs. Mosaid will keep one-third of revenue from the patents and give two-thirds to Nokia and Microsoft Corp. (MSFT), John Lindgren, chief executive officer of the Ottawa-based company, said in an interview.