If Research In Motion agreed to share a percentage of future BlackBerry revenue with NTP, the maker of the popular handheld could finally put an end to its long-running court fight, according to a published report.
Quoting unidentified sources, the Wall Street Journal reported in Friday's edition that patent holding firm NTP is willing to accept 5.7 percent of future revenue generated by U.S. sales of the BlackBerry as part of a settlement agreement. The figure should come as no surprise. In 2002, a federal court found that RIM had infringed on NTP's patents and awarded the company 5.7 percent of U.S. sales.
As long-running patent battle enters last days, BlackBerry maker will start hobbling.
Sales of BlackBerrys reached $1.35 billion last year, and RIM has said the U.S. makes up about 75 percent of shipments.
While it's still unclear exactly how much the royalty payment would cost RIM, it would likely be less than the $1 billion that some analysts had predicted the company would pay in a settlement.
Kevin Anderson, an attorney for NTP, declined to comment.
In the past, NTP has said that RIM can ensure service for its customers by paying a fair price to NTP. Reuters reported Thursday that the companies had begun speaking to NTP through a court-appointed mediator. NTP founder Don Stout told Reuters on Wednesday that he had not spoken to RIM executives since last summer.
What the companies are discussing was not disclosed, but a source close to the negotiations said that RIM has said numerous times it has no plans to settle the case.
Representatives from RIM did not respond to an interview request.
The US Government has interceded in the BlackBerry patent dispute over a possible injunction. Very revealing facts about Governmental use of BlackBerries:
I am an avid user. I did not think i would use it as much as i do. I am conected to anyone and everyone any time of the day. Alway good for work if i am out sick and not at my PC at home to answer some of the trivial emails. Also great when on the road and need quick access to your work or home contacts and your calendars. Just my 2 cents and i have had mine almost a year now.
Google creates an animated doodle that features a boy, a girl, Google's search engine, and a jump rope. But might there be darker, more analytical, more troubling interpretations to this tale?
The Silicon Valley online payments startup grew by 1,000 percent last year and is hopeful it can repeat that level of growth this year. To do that, it's had to move away from its early friends-and-family roots and embrace small businesses.
Chamtech's spray-on antenna uses a nano material to provide a low-power boost to antenna range. The wireless-in-a-can product may some day bring an end to unsightly cell towers.
EnerG2 opens a plant to make an engineered carbon that will improve performance of energy storage devices and make storage for start-stop hybrid cars less expensive.
better, than BB.
better, than BB.
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