Investment firm France Brevets and its affiliate NFC Technology struck a royalty-bearing NFC licensing agreement with handset vendor LG, having previously filed a patent infringement lawsuit against the Korean handset vendor last December.

This is the first licence for France Brevets and NFC Technology, its US affiliate, under a NFC licensing programme that includes patents from Inside Secure, the French chipset vendor.

The programme was launched with Inside Secure in June 2012. France Brevets describes itself as the first investment fund dedicated to patent promotion and monetisation in Europe.

The original infringement lawsuit also cited HTC, which does not so far seem to have settled with France Brevets.

The lawsuit related to two patents on “antenna signal amplitude modulation method” and “inductive coupling reader comprising means for extracting a power supply voltage”.

Financial details of the LG agreement were not disclosed.