Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
Research In Motion (RIM) and NTP agree to resolve litigation
Posted on 17-Mar-2005 00:14. | Tags Filed under: News.



Research In Motion Limited (RIM) and NTP, Inc. are announcing that they have signed a binding term sheet that resolves all current litigation between them. As part of the resolution, NTP will grant RIM and its customers an unfettered right to continue its BlackBerry-related wireless business without further interference from NTP or its patents. NTP and RIM will be finalizing the terms of this resolution in a definitive licensing and settlement agreement in upcoming weeks.

This resolution relates to all NTP patents involved in the current litigation as well as all current and future NTP patents. The resolution covers all of RIM's past and future products, services and technologies and also covers all customers and providers of RIM products and services, including wireless carriers, distributors, suppliers and ISV partners. Under the terms of the resolution, RIM will have the right to grant sublicenses under the NTP patents to anyone for products or services that interface, interact or combine with RIM's products, services or infrastructure. The resolution permits RIM and its partners to sell its products, services and infrastructure completely free and clear of any claim by NTP, including any claims that NTP may have against wireless carriers, ISV partners or against third party products that use RIM's BlackBerry Connect / BlackBerry Built-In technology.

RIM will pay to NTP US$450 million in final and full settlement of all claims to date against RIM, as well as for a perpetual, fully-paid up license going forward. The amount relates primarily to settlement of past damages, and includes the judgment and money escrowed to date totalling US$137 million (the US$152 million previously accrued included approximately US$15 million in other litigation related fees).



comments powered by Disqus




Trending now »

Hot discussions in our forums right now:

What's your take on this whole no conviction rugby thing.
Created by Mspec, last reply by Fred99 on 1-Oct-2016 11:22 (120 replies)
Pages... 6 7 8


Getting Your Daily Fix - Sites you have to check everyday
Created by firefuze, last reply by Brumfondl on 29-Sep-2016 19:45 (23 replies)
Pages... 2


Gigabit in Auckland?
Created by jords12, last reply by jords12 on 1-Oct-2016 21:46 (51 replies)
Pages... 2 3 4


Galaxy Note 7 Announcement and Owners' Thread
Created by eracode, last reply by eracode on 30-Sep-2016 10:01 (976 replies)
Pages... 64 65 66


Safe, practical SUV for family under 12k
Created by wikibedi, last reply by wikibedi on 1-Oct-2016 23:15 (56 replies)
Pages... 2 3 4


Forza horizon 3 $20 usd pricing error
Created by Stan, last reply by Benoire on 1-Oct-2016 15:02 (14 replies)

Housing prices....
Created by Linuxluver, last reply by Linuxluver on 30-Sep-2016 20:21 (113 replies)
Pages... 6 7 8


Goodbye 2Degrees - Anyone for Slingshot ?
Created by angelars, last reply by jarledb on 30-Sep-2016 16:05 (14 replies)