RIM and NTP Settle
Posted on March 03, 2006 at 8:34pm AST (GMT-04:00)
As I predicted a few weeks ago, the threat of an injunction against Blackberry owner RIM by NTP for patent infringement, and the way patent litigations tend to work out, it was announced a couple of hours ago that RIM and NTP have settled the litigation, with RIM agreeing to pay NTP $612.5 million in exchange for laying to rest all current litigation.
Presumably, any such agreement will also grant RIM a non-exclusive license to use the patented technology, a license which would be conferred upon RIM’s customers as well, at least while they are using RIM’s products.
Posted by Jake Richter in
• Tech Toys
• Intellectual Property
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