Friday, March 3, 2006
RIM and NTP Settle For $612,500,000
Posted by Ed Hansberry in "THE COMPETITION" @ 04:21 PM
http://money.cnn.com/2006/03/03/technology/rimm_ntp/index.htm?cnn=yes
"BlackBerry maker Research in Motion said Friday it agreed to pay $612.5 million to patent holding company NTP to settle a long-running dispute that had threatened to shut down the popular wireless e-mail service. Canadian-based Research in Motion (Research) announced the settlement late Friday ahead of a U.S. judge's expected ruling on damages in the case."
I wonder what the true cost to RIM has been, in lost/delayed business, attorney fees, etc. Oh well, It's over. Nothing else to see here. Move along. Move along folks... :)
"BlackBerry maker Research in Motion said Friday it agreed to pay $612.5 million to patent holding company NTP to settle a long-running dispute that had threatened to shut down the popular wireless e-mail service. Canadian-based Research in Motion (Research) announced the settlement late Friday ahead of a U.S. judge's expected ruling on damages in the case."
I wonder what the true cost to RIM has been, in lost/delayed business, attorney fees, etc. Oh well, It's over. Nothing else to see here. Move along. Move along folks... :)
