RIM Suffers a Blow in the Blackberry Lawsuit
A district judge has now ruled that the $450 million settlement fee that RIM (the makers of the Blackberry) paid to NTP for NTP’s patented software, which was used in Blackberry technology. District Judge James Spenser could issue an injunction that would suspend Blackberry use in the US. Jim Balsillie, RIM’s co-CEO, assures Blackberry users that RIM will implement new technology that will work around NTP’s patents.
However, if the judge does grant a permanent injunction, and RIM’s is unable to develop technology that will workaround this patent, RIM would have to pay a gargantous fee in order to make sure that U.S. BlackBerry are still operational. At this time, RIM has approximately $1.2 billion. Any such injunction would only cut off individuals- not governmental officials.
This entry was posted on Wednesday, November 30th, 2005 at 8:12 pm and is tagged with jim balsillie, blackberry lawsuit, technology district, settlement fee, governmental officials, judge james, spenser, district judge, permanent injunction, rim, new technology, patents, ceo, patent. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback.
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- RIM Suffers a Blow in the Blackberry Lawsuit
A district judge has now ruled that the $450 million settlement fee that RIM (the makers of the Blackberry) paid to NTP for NTP’s patented software, which was used in Blackberry technology. District Judge James Spenser could issue an ...
on March 2nd, 2006 at 3:35 pm
Should I go get a new phone? and who is going to repay for the original purchase of my blackberry and the new phone?
on March 15th, 2006 at 10:15 pm
Read the news, lawsuit is settled…… No worries…really never was!
Technology and money prevails!