Motorola, Research In Motion settle dispute
NEW YORK — Handset makers Motorola Inc. and Research In Motion Ltd. say they have settled a patent complaint that Motorola brought to the International Trade Commission earlier this year.
The companies say that RIM, the Canada-based BlackBerry maker, will give Motorola of Schaumburg, Ill., an upfront payment plus continuing royalties for the use of its mobile technology. The companies did not disclose specific terms.
They say the deal includes an agreement to cross license various patents related to industry wireless standards and wireless e-mail.
The two companies are major rivals in the growing market for high-end cell phones with Web browsing and other features.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Mississippi no longer has highest unemployment rate in nation
- McDaniel cites Gunn's challenge in his attempt to overturn loss to Cochran
- Payday lender, fired executive exchanging blame for lender’s regulatory woes
- Grain buyer’s bankruptcy could take steep toll on Delta farmers
- Once the bane of only Southerners, kudzu is migrating north and west
- UPDATE — David Watkins says JRA left him in dark about HUD's Farish St. involvement
- Mad Genius, Eyevox owner acquires Mississippi Film Studios
- SouthGroup Insurance named to 'Best Practices' study
- Senators push for protecting steel producers from imported rebar