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RIM Settles Patent Dispute for $450 Million

Article Comments  14  

Mar 17, 2005, 12:39 AM   by (staff)

Research In Motion (RIM) today announced a settlement with NTP that resolves all current litigation between the two companies over BlackBerry push-email technology. RIM will pay NTP $450 million to settle all current claims of infringement for NTP's patents on push-email technology. The deal ends a 3 1/2-year legal battle that threatened to put RIM out of business, and made potential partners hesitant to join its BlackBerry Connect licensing program. The one-time payment to NTP will cover all past damage claims, and include a perpetual license to the patents going forward. The new license includes the right to sub-license the technology, meaning RIM can continue its BlackBerry Connect program to embed its email technology in other manufacturers' devices.

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elihuspeaks

Mar 18, 2005, 8:08 PM

Deja vu

Does this whole situation with Mike Lazaridis and NTP remind anyone else of Bill Gates and Apple?
elihuspeaks said:
Does this whole situation with Mike Lazaridis and NTP remind anyone else of Bill Gates and Apple?
Except that Apple got screwed.
...
muchdrama

Mar 17, 2005, 9:31 AM

That settles that.

And RIM got off cheap too.
$450 Mil is not cheap at all... that's a lot! I'm sure they made more in profits, but that still is a LOT of money!
...
Considering the company that sued
RIM was just a patent holding company
that does no R and D-I'm sure they're
laughing all the way to the bank. Leaches! 👿
No wonder everything is so friggin expensive!
...
 
 
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