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It's official - RIM and NTP are done bickering
Blackberry users continue to happily send emails

The legal dispute between Research in Motion and NTP that we reported earlier is quickly coming to a close. During the long drawn out court ordeal, NTP accused RIM of infringing on patents in the development and sale of BlackBerry devices. The popular handheld PDAs are often used by many corporate customers to communicate with coworkers at the office, and customers.

According to reports, RIM has now agreed to pay NTP Inc. a total of $612.5M USD, after which the case will be entirely dismissed. Previously, RIM had notified its customers that regardless of the outcome, BlackBerry services would still stay operational. RIM had decided that it would modify some code in the infrastructure but many were still skeptical about the effectiveness of the code change.

"It's not a good feeling to write this kind of check," said Jim Balsillie, RIM's chairman and co-chief executive, in a conference call to the New York Times. "It's a lot of money for patents that will not survive for sure. … We are caught in an ambiguous time in the patent laws and the courts. No one feels good about this, but we are happy to put it behind us."

For those not familiar, NTP Inc. is only composed of a handful of employees with the primary intention taking RIM to court over patents that were idling for a number of years.  In March, the two companies almost agreed to a $450M USD settlement, but the deal fell through at the last minute.  Of course, NTP was willing to settle for $53M in 2002, but that RIM refused to pay.

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sucks for RIM
By abhaxus on 3/3/06, Rating: 0
RE: sucks for RIM
By tuteja1986 on 3/3/2006 8:27:49 PM , Rating: 2
you at one stage the case could have been settled for 11million :!

RE: sucks for RIM
By DigitalFreak on 3/3/2006 8:50:45 PM , Rating: 2
Evil will always triumph because evil outnumbers good by a large margin.

RE: sucks for RIM
By Knish on 3/4/2006 12:00:32 AM , Rating: 2
Evil will always triumph over good because good is dumb. - Dark Helmet, Space Balls

RE: sucks for RIM
By PT2006 on 3/4/2006 12:01:32 AM , Rating: 2
Way to read three comments above!

Lawyers always win
By nomagic on 3/3/2006 8:45:01 PM , Rating: 3
It's certain. Lawyers on both side made tons of money out of this. Patent lawyers are filthy rich...

RE: Lawyers always win
By DigitalFreak on 3/3/2006 8:49:41 PM , Rating: 2
Naw, they're just filthy!

RE: Lawyers always win
By Brassbud on 3/4/2006 5:40:26 AM , Rating: 2
I think I'm gonna become a patent troll, I mean, if there's more than a half a billion dollars in it, I think I'm going to patent all things invented on or after March 5th 2006, the idea of things existing after 3-6-06 was my idea, thank you very much (patent pending).

Nelson says...
By Marlin1975 on 3/4/2006 11:02:30 AM , Rating: 2
NTP was willing to settle for $53M in 2002, but that RIM refused to pay.

Ha Ha

RE: Nelson says...
By Samus on 3/4/2006 1:48:12 PM , Rating: 2
Of course, NTP was willing to settle for $53M in 2002, but that RIM refused to pay.

Actually, it was 5.3% of profits on blackberry sales. That doesn't include subscriber fee's, usage fee's, etc; fee's associated with cellular carriers.

Since 2002, that'd only have been 100th of what they're paying now.

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