Research in Motion to Pay $147.2 Million to Settle Patent Suit

Not a good week for the BlackBerry maker as RIM must pay out $147.2 million in a patent suit and deny claims of developer flight.

Beleaguered BlackBerry maker Research in Motion (RIM) got some more bad news this weekend as a Northern California court ruled the company was guilty of patent infringement for the remote management system of its wireless devices. RIM was sued in 2008 by Mformation Technologies, a mobile device management software solutions specialist. The judge ordered RIM must pay an $8 royalty for each BlackBerry device connected to RIM's Enterprise Server software, which amounts to $147.2 million, Reuters reported.

More:

http://mobile.eweek.com/c/a/Mobile-and-Wireless/Research-in-Motion-to-Pay-1472-Million-to-Settle-Patent-Suit-759428/