Blackberry Case Settled
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James Joyner | Friday, March 3, 2006 |
Breaking: CNN reports that, “A long running dispute that threatened to shut down the BlackBerry wireless e-mail service has been settled.” No details as of yet.
Update: AP has this:
Research In Motion Ltd., the maker of the BlackBerry e-mail device, Friday announced it has settled its long-running patent dispute with a small Virginia-based firm, averting a possible court-ordered shutdown of the BlackBerry system. RIM has paid NTP $612.5 million in a “full and final settlement of all claims,” the companies said.
The settlement ends a period of anxiety for BlackBerry users. At a hearing last week, NTP had asked a federal court in Richmond, Va., for an injunction blocking the continued use of key technologies underpinning BlackBerry’s wireless e-mail service. RIM, which is based in Waterloo, Ontario, had put away $450 million in escrow for a settlement. It will record the additional $162.5 million in its fourth-quarter results, it said.
Interesting.
About the Author: James Joyner is the publisher of Outside the Beltway and the managing editor of the Atlantic Council. He's a former Army officer, Desert Storm vet, and college professor with a PhD in political science from The University of Alabama. He lives just outside the Beltway in Alexandria, Virginia with his wife and infant daughter.
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RIM finally blinked. They pushed this game of brinksmanship about as far as they could. I didn't think they could afford to wait for the courts to decide, which they really didn't have much of a chance of winning.
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