Huawei declares truce with Motorola

Huawei and Motorola have settled their intellectual property disputes, freeing the Chinese telecoms company from damaging US litigation and paving the way for Nokia Siemens Networks’ proposed acquisition of Motorola’s wireless assets.

Huawei Technologies and Motorola Solutions said in a joint statement on Wednesday they had agreed to drop pending lawsuits against each other. Huawei expressed hope that the deal would “clear up certain misconceptions” in the US about the company, whose founder was formerly an officer in the People’s Liberation Army. Separately, Motorola Solutions reduced the price NSN will pay for its network infrastructure unit from $1.2 billion to $975 million. The deal will close on April 29. Motorola believes that with the lawsuits now settled, Chinese regulators will approve the sale of its mobile network business to NSN.