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March 03, 2006 

Research in Motion (RIM) will pay NTP $612.5 million to settle all claims in its long-running patent infringement dispute with Virginia patent holding firm NTP.

The settlement, announced Friday, eliminates any threat of a court-ordered cutoff of RIM's widely popular Blackberry wireless e-mail service in the United States.

According to RIM, the deal covers all patents owned and controlled by NTP in addition to all RIM products, services and technology. The settlement permits RIM (Quote, Chart) and its partners to sell RIM products and services free and clear of any claim by NTP.

RIM Settles in BlackBerry Patent Case.

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