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RIM and NTP Settle Suit

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$612.5 million

regine44

Mar 4, 2006, 1:17 AM

wow thats nothing for the settlement.

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muchdrama

Mar 4, 2006, 3:16 AM

regine44 said:
wow thats nothing for the settlement.

Uh, that's more than RIM initially was going to fork over. About $162.5 million or so more...

Since when is $612 million dollars not a lot of money? What planet are we on again?

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Phydeaux

Mar 4, 2006, 12:34 PM

That's a ton of money. Geez. I want to be a Patent Squatter when I grow up.

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pauldg

Mar 4, 2006, 2:25 PM

Phydeaux said: I want to be a Patent Squatter when I grow up.

lmao

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regine44

Mar 4, 2006, 2:36 PM

Usually when we see a company take over or fines were usually talking billions here. I was sure RIM was going to end up owing them a couple billion dollars. Thats all I meant.

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dthree

Mar 6, 2006, 6:05 PM

The fact that it clears them of all past infrigement AND gives them a perpetual license is a victory for RIM. What NTP was asking for was a percentage of ongoing future sales, which they didn't deserve because all the patents have seen been revoked.

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muchdrama

Mar 5, 2006, 11:37 PM

Phydeaux said:
That's a ton of money. Geez. I want to be a Patent Squatter when I grow up.

Hey! Don't copy my dreams!

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