You didn’t think that Visto was going to make patent infringement allegations against Research in Motion without RIM having something to say about it did you? In a RIM press release the BlackBerry maker states that they don’t believe that the patents are valid. That is not much consolation to BlackBerry investors because invalid patents go for about $612.5 million these days.
Read the press release…
Un-freakin’-believable! What is this…open season on RIM?
Does every company that even came close to the idea of sending a wireless message think they can sue RIM and get some cash out of it?
Of course, after the NTP settlement, who can blame them?
This is such a shame, because regardless of the outcome of the case, this will in some measure depress the value of RIM stock, as well as deter some customers from going with the BB solution.
Either way, RIM loses out. RIM needs to develop a better legal strategy to fight this type of action against them, or else they will just go from one lawsuit to another.
Thought, you can say that again. The stock has been tanking since late yesterday morning.