RIM Will Pay NTP $612.5 MIllion To Settle Patent Dispute


Looks like both sides listened to Judge James Spencer’s warning that they wouldn’t like his resolution and finally found a solution. Blackberry-maker RIM will pay patent company NTP $612.5 million dollars to settle the long-running dispute. The settlement includes a licensing agreement for all patents NTP owns and controls — and covers wirelesss carriers, customers and others from NTP’s claims.
This should be a relief for Blackberry content providers including Dow Jones, FT and others. Handango sent out a prress release praising the settlement. Randy Eisenman, president and CEO: â

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