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.
Top Posts & Pages
- Spivey named Under 40 Business Person of the Year by the Mississippi Business Journal
- Bids on reworking Interstate 55 stretch are rejected
- JACK WEATHERLY: Finding a house, defending a neighborhood, finding a voice
- Terminal upgrade on indefinite hold at Jackson International Airport
- JACK WEATHERLY: Economic development in these parts is a ‘family’ business
- Report ranks state schools' performance 51st in the nation
- CFPB wants repay ability at center of new payday loan rules
- Two new casinos like the odds on Mississippi Gulf Coast
- Hosemann to launch crowd funding program