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RIM, NTP Settle Legal Dispute

So RIM finally broke down and paid off NTP…

RIM has paid NTP $612.5 million in full and final settlement of all claims against RIM, as well as for a perpetual, fully-paid up license going forward. This amount includes money already escrowed by RIM to date.

Since I did not follow the technical details of NTP’s claims or RIM’s arguments against patent infringement, I can’t comment on if I think this is a reasonable course of action for RIM.  However, now that the uncertainty that has surrounded a “possible” shutdown of the Blackberry service, maybe we can all start looking forward to future devices and services from both companies.

Via: RCR Wireless News, RIM Press Release

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