Issue #2003 - 22
August 13, 2003)
INFRASTRUCTURE, PRODUCTS & SERVICES
NTP's Victory Over RIM Causes
Jitters to its Stock
In a recent lower court ruling, the
judge has asked RIM to pay NTP a sum of $53.7 million US as damages
for infringing on five patents. It also issued an injunction against RIM
to stop selling Blackberry units in North America. However, the
judge gave partial relief to RIM by allowing it to appeal the
decision to the higher courts.
RIM will probably be willing to settle for royalty fee if t is fair.
It has been setting aside funds to pay for the royalty fee.
For more information: This legal battle is causing RIM
unnecessary public relations harm. Once a pristine company with a
unique product (which it, still. is), RIM gets more press about its
legal problems than about its products and services. Prospects for
RIM winning are considered dim.
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