# RIM pays NTP $612.5 mil. in settlement

**URL:** https://forums.speedlife.net/t/rim-pays-ntp-612-5-mil-in-settlement/8897
**Category:** NYSpeed Off Topic
**Created:** [March 5, 2006, 7:29am UTC](https://forums.speedlife.net/t/rim-pays-ntp-612-5-mil-in-settlement/8897 "2006-03-05T07:29:56Z")
**Posts on this page:** 1
**Page:** 1

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### Author: ![Geehee](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/geehee/32/7238_2.png) [@Geehee](https://forums.speedlife.net/u/Geehee)
#### Post date: [March 5, 2006, 7:29am UTC](https://forums.speedlife.net/t/rim-pays-ntp-612-5-mil-in-settlement/8897/1 "2006-03-05T07:29:56Z")

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[http://www.rim.com/news/press/2006/pr-03\_03\_2006-01.shtml](http://www.rim.com/news/press/2006/pr-03_03_2006-01.shtml)

> _from [www.phonescoop.com](http://www.phonescoop.com)_
> 
> On Judge Spencer’s advice, RIM and NTP have reached a settlement to end their patent infringement trial. RIM will pay NTP a total of $612.5 million to settle all claims and license NTP’s technology for current and future uses. The agreement also clears any RIM partners which use Blackberry technology in their own branded products. RIM has paid NTP $450 million and will pay the balance in the fourth quarter. This agreement has effectively ended the case, saving RIM from any threat of an injunction and the need to shift to an alternative technology.