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:

rail between Auckland, Bay of Plenty and the Waikato
Created by kingdragonfly, last reply by MikeAqua on 20-Aug-2017 17:25 (84 replies)
Pages... 4 5 6


Climate change: what are YOU doing to help reduce greenhouse gas emissions in New Zealand?
Created by frednz, last reply by tdgeek on 18-Aug-2017 09:22 (218 replies)
Pages... 13 14 15


Noel Leeming price match
Created by sbiddle, last reply by sbiddle on 20-Aug-2017 11:14 (31 replies)
Pages... 2 3


ex AT & T Samsung S7
Created by frenchbruce, last reply by Linux on 20-Aug-2017 14:11 (14 replies)

NZ Post is dropping 'Fast' snail mail
Created by DarthKermit, last reply by wratterus on 18-Aug-2017 08:30 (40 replies)
Pages... 2 3


Odd but Yum Sandwiches
Created by MikeAqua, last reply by networkn on 20-Aug-2017 19:57 (11 replies)

How are you controlling Kodi (or Plex client) on your Pi?
Created by lchiu7, last reply by timmmay on 20-Aug-2017 19:48 (10 replies)

Australia Blocks More Torrent Sites
Created by TLD, last reply by blakamin on 20-Aug-2017 19:47 (10 replies)