BlackBerry settlement reached in NTP vs. RIM patent case

Just one short week after Judge James R. Spencer decided not to impose an injunction against BlackBerry maker Research in Motion and warned both RIM and NTP to settle their long going legal battle over patent infringement out of court or he would do it for them, the two companies have decided to settle.

Research in Motion has paid NTP $612.5 million in a “full and final settlement of all claims” and will not have to pay any future royalties. This settlement also gives any of RIM’s partners full patent peace and assurance that NTP will never come after them.