Kris Kumar
03-04-2006, 05:45 PM
<div class='os_post_top_link'><a href='http://money.cnn.com/2006/03/03/technology/rimm_ntp/index.htm?cnn=yes' target='_blank'>http://money.cnn.com/2006/03/03/technology/rimm_ntp/index.htm?cnn=yes</a><br /><br /></div><i>"BlackBerry maker Research in Motion said Friday it agreed to pay $612.5 million to patent holding company NTP to settle a long-running dispute that had threatened to shut down the popular wireless e-mail service for its 3 million users. Canadian-based Research in Motion (Research) announced the settlement late Friday ahead of a U.S. judge's expected ruling on damages in the case. Under the settlement, NTP granted RIM the right to keep running its BlackBerry business, the company said in a statement. "The agreement has been finalized and NTP's lawsuit against RIM has been dismissed by a court order," the Canadian company said. "The settlement means no further court proceedings or decisions about damages are necessary." RIM also issued a warning Friday, lowering its 4th-quarter revenue projections. ... Richards said Microsoft and Motorola could have capitalized on RIM's situation by introducing major wireless products, but that they had not done so."</i><br /><br /><img src="http://www.smartphonethoughts.com/images/hammer.jpg" alt="User submitted image" title="User submitted image"/> <br /><br />Now that this case is settled, I wonder if we will see the <a href="http://www.blackberry.com/uk/products/connect/windowsmobile.shtml">BlackBerry Connect</a> software for our Smartphones sooner than the MSFP? ;-)