
The thumbs of nearly 3.2 million BlackBerry users in the US can continue tapping out those wireless e-mails without fear of interruption.
Just days before a judge was expected to issue an injunction shutting the popular e-mail service, the patent holder, NTP, dropped its infringement lawsuit against the device maker, Research in Motion, in exchange for 612.5 million. The announcement followed three days of negotiations as well as several setbacks for NTP at the US Patent and Trademark Office.
RIM8217;s decision to settle was immediately welcomed by customers and investors; its shares rose as much as 19 per cent, to 85.40, in after-hours trading. But RIM8217;s executives seemed less enthusiastic. 8216;8216;No question, we took one for the team here,8217;8217; RIM8217;s chairman and co-chief executive, Jim Balsillie, said. He added that it was 8216;8216;not a good feeling to write this kind of check.8217;8217;
If the injunction had been imposed, the best case for RIM8217;s customers would have been the installation of alternative e-mail software that, according to RIM, would have worked around NTP8217;s patent claims. But the process would have been costly, time-consuming and, RIM8217;s assertions aside, still clouded by legal questions.
8216;8216;There8217;s been a collective sigh of relief,8217;8217; said Ellen Dailey, an analyst with Forrester Research. 8216;8216;RIM knew that by not settling they were going to put tremendous pressure on their customers.8217;8217;
John Sicher, the publisher and editor of Beverage Digest and a BlackBerry user for about three years said he was relieved as he could 8220;now stop his search for alternatives8217;8217;. Large corporate BlackBerry users were also happy. 8212; NYT