RIM settles with NTP for $612.5M

It's finally over! RIM has settled the patent suit with NTP for $612.5 million. A key provision of the deal is that it cannot be reversed even if NTP's patents are declared invalid. RIM's stock surged on news of the settlement, but RIM CEO Jim Balsillie said it is "not a good feeling to write this kind of check." Analysts say RIM let the case drag on too long, aiding rivals like Microsoft and Good. Article

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