Friday, March 03, 2006

I guess I can buy a BlackBerry now

Those patent laws sure have bite - $612.5 million in this case. A small Virgina company invented something extremely valuable. Another company took that idea, ran with it, and recreated an entire industry. Can't do that without paying the piper.

I'm sure that $612.5 million is quite satisfying for the patent holders. However, it also appears that the street likes the settlement on Reasearch In Motion's end as well. From the above-linked article: "Shares of RIM shot up $13.78, or 19 percent, to $85.70 during after-hours trading, when the settlement was announced."

Looks like everyone wins - NTP gets compensated for its invention, RIM gets compensated for its marketing, product development and service.


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