Shares of Research in Motion (RIMM) shot over 10% higher in the passed two days on speculation that the Ontario, CA based company will settle its patent infringement dispute with Virginia based NTP. The two companies that have been entrenched in a legal battle for several years met in front of a US judge for a settlement conference last Friday. Rumor has it that these settlement talks may have been spurred on by license agreements between NTP and Good Technology, one of RIMâ€™s biggest competitors. In January, counsel for Research in Motion stated that RIM would not settle with NTP and was prepared to take it all the way to the Supreme Court.
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