diff --git a/Externals/licenses.md b/Externals/licenses.md
index 8aa94f1305..3bc79fc5a3 100644
--- a/Externals/licenses.md
+++ b/Externals/licenses.md
@@ -42,8 +42,8 @@ Dolphin includes or links code of the following third-party software projects:
    [MIT](https://www.opengl.org/registry/api/GL/glext.h)
 - [PearPC](http://pearpc.sourceforge.net/):
    [GPLv2](http://pearpc.cvs.sourceforge.net/viewvc/pearpc/pearpc/COPYING?view=markup) (with permission by the author to license under GPLv2+)
-- [PolarSSL](https://polarssl.org/):
-   [GPLv2+](https://github.com/polarssl/polarssl/blob/development/LICENSE)
+- [mbed TLS](https://tls.mbed.org/):
+   [Apache 2.0](https://github.com/ARMmbed/mbedtls/blob/development/LICENSE)
 - [PortAudio](http://www.portaudio.com/):
    [MIT](http://www.portaudio.com/license.html)
 - [PulseAudio](http://www.freedesktop.org/wiki/Software/PulseAudio/):