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. Amar Thakur, an attorney for Mformation, told Reuters the verdict only covers U.S. sales through trial and not future or foreign damages. The news service also reported RIM spokesperson Crystal Roberts saying RIM had legal proceedings in place to overturn the ruling. "Research In Motion has worked hard to develop its leading-edge BlackBerry technology," Roberts said in a statement.
RIM, which has seen its stock price fall 70 percent over the past year as the company struggles to retain market share against rivals like the Apple iPhone and Google Android-powered smartphones, is just the latest tech company hit in a string of high-profile patent suits this year. According to a recent report in China Daily, Shanghai Zhizhen Network Technology, is suing Apple over Siri, asserting the company infringes on a voice technology patent owned by Zhizhen.