RIM and NTP settle
by Volker Weber
RIM has paid NTP $612.5 million in full and final settlement of all claims against RIM, as well as for a perpetual, fully-paid up license going forward. This amount includes money already escrowed by RIM to date. The licensing and settlement agreement relates to all patents owned and controlled by NTP and covers all of RIM's products, services and technologies. NTP grants RIM an unfettered right to continue its business, including its BlackBerry related business.
Comments
So, RIM accepts the shakedown, even though all the patents in dispute are headed for the dustbin.
Could it be that, by leaving no law definitively settled in this case, RIM chose not to clear the legal underbrush for its competitors?
David Richardson, 2006-03-04
