Research In Motion, Motorola Settle Patent Dispute |
| Wall Street Journal - Jun 11, 2010 |
Blackberry maker Research in Motion Ltd. (RIMM) and Motorola Inc. (MOT) settled their patent dispute over key technology found in their smartphones, with RIM agreeing to make a one-time payment and ongoing royalties in exchange for a halt to the litigation.
As the battle for smartphone customers intensifies, the major players have taken to the courtrooms as a second front. RIM and Motorola's settlement marks the resolution of only one of several ongoing clashes either in a district court or the U.S. International Trade Commission. Beyond control over patents, the disputes are often seen as a strong-arm or intimidation tactic.
RIM holds the largest share of the U.S. smartphone market with its line of Blackberrys, which are popular with the corporate crowd. But many are concerned RIM's position is at risk as flashier smartphones, including Apple Inc.'s (AAPL) iPhone and a wave of Android devices, dominate consumer interest.
Read Full Article from Wall Street Journal
- Posted: 2010-06-11 10:42:48
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