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ESPOO - Nokia Oyj (HE:NOKIA) announced Wednesday the appointment of Patrik Hammarén as the head of its Technology business group and member of the executive team, effective January 22, 2025. The Technology business group is responsible for managing and commercializing Nokia’s intellectual property rights and leading patent portfolio, as well as influencing global technology standards.
Hammarén has been with Nokia since 2007 and has held various leadership positions within the company. Most recently, he served as the interim head of the Technology business group since October 2024. His previous roles include leading wireless technology licensing, directing the Internet of Things (IoT) licensing program, and managing patent licensing in the Greater China market. During his tenure, Hammarén played a significant role in renewing key smartphone licensing agreements and accelerating the growth of the IoT licensing program.
Nokia’s CEO Pekka Lundmark expressed his confidence in Hammarén’s expertise, stating, “I am pleased to appoint Patrik to lead the Technology business group. He brings extensive experience in patent licensing business and a strong strategic vision to accelerate the growth of the business group.”
Hammarén, who will be based in Finland and report directly to CEO Lundmark, commented on his appointment, “It is an honor to lead the Technology business group. Nokia possesses an industry-leading patent portfolio and expertise in commercializing innovations. I am excited about the opportunity to continue collaborating with our partners and exceptional team to maximize the benefits of our innovations for Nokia. The successfully completed smartphone licensing cycle last year and the new growth areas that are well underway provide a solid foundation for us to build upon.”
The Technology business group's focus on licensing Nokia’s innovations and shaping technology standards is a key part of the company's broader strategy to create value through its intellectual property rights and long-term research and development, led by the renowned Nokia Bell Labs.
This news is based on a press release statement from Nokia.
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