BlackBerry saved

Sidney · 3rd March 2006, 22:49

Research In Motion and NTP have agreed to settle the patent dispute over the BlackBerry device for $612.5 million, the companies announced in a press release on Friday. Under the agreement, RIM will receive a license to NTP's patents going forward, they said.

The agreement comes one week after the companies argued over whether Judge James Spencer should impose an injunction on the sale and support of BlackBerry devices in the U.S. During that hearing, Spencer expressed his frustration that the companies hadn't settled their dispute, and promised to rule promptly on the injunction.

RIM plans to hold a conference call Friday afternoon to discuss the settlement.

Trading in RIM stock was halted prior to the announcement. When the shares started trading again in the after-hours market they immediately jumped $10.43, or 14.5 percent, to $82.35.

Sidney · 3rd March 2006, 22:49

Another modern day "Rich man and Richer man" story.

jmke · 3rd March 2006, 22:52

what is a blackberry?

the only ones I know can be found in the woods, and are not always safe to eat

Sidney · 3rd March 2006, 23:21

Hand held cell phone and full internet access anywhere in the U.S., both my daughters use them.

4th March 2006, 01:03

crackberrys

3rd March 2006, 22:49	#1
Sidney Member Join Date: Mar 2004 Posts: 15,738	BlackBerry saved Research In Motion and NTP have agreed to settle the patent dispute over the BlackBerry device for $612.5 million, the companies announced in a press release on Friday. Under the agreement, RIM will receive a license to NTP's patents going forward, they said. The agreement comes one week after the companies argued over whether Judge James Spencer should impose an injunction on the sale and support of BlackBerry devices in the U.S. During that hearing, Spencer expressed his frustration that the companies hadn't settled their dispute, and promised to rule promptly on the injunction. RIM plans to hold a conference call Friday afternoon to discuss the settlement. Trading in RIM stock was halted prior to the announcement. When the shares started trading again in the after-hours market they immediately jumped $10.43, or 14.5 percent, to $82.35. __________________ lazyman Opteron 165 (2) @2.85 1.42 vcore AMD Stock HSF + Chill Vent II

3rd March 2006, 22:49	#2
Sidney Member Join Date: Mar 2004 Posts: 15,738	Another modern day "Rich man and Richer man" story. __________________ lazyman Opteron 165 (2) @2.85 1.42 vcore AMD Stock HSF + Chill Vent II

3rd March 2006, 22:52	#3
jmke Madshrimp Join Date: May 2002 Location: 7090/Belgium Posts: 79,019	what is a blackberry? the only ones I know can be found in the woods, and are not always safe to eat __________________

3rd March 2006, 23:21	#4
Sidney Member Join Date: Mar 2004 Posts: 15,738	Hand held cell phone and full internet access anywhere in the U.S., both my daughters use them. __________________ lazyman Opteron 165 (2) @2.85 1.42 vcore AMD Stock HSF + Chill Vent II

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