TweakTown
Tech content trusted by users in North America and around the world
5,675 Reviews & Articles | 36,068 News Posts
Weekly Giveaway: Fractal Design Arc Cases Contest (Global Entry!)

RIM suffer again, this time ordered to pay $147 million over Mformation patent infringements

RIM has been ordered to hand over $147 million to Mformation over patent infringements

| Business, Financial & Legal News | Posted: Jul 16, 2012 6:18 am

If RIM weren't already having enough troubles from sticking their fingers in the constant holes popping up in their ship, today is yet another day for the company. Bloomberg are reporting that RIM are looking to hand over $147.2 million to a New Jersey-based mobile device management firm, Mformation.

 

TweakTown image news/2/4/24893_10_rim_suffer_again_this_time_ordered_to_pay_147_million_over_mformation_patent_infringements.jpg

 

Back in 2008, Mformation filed a suit against RIM claiming that the company had infringed on two of their patents. Mformation alleges that RIM included patented functionality into their own product after preliminary talks didn't work. The jury sided with Mformation, and now Research in Motion are looking to shell out $8 for each of the 18.4 million devices in question, a bill of around $147.2 million.

 

But, RIM aren't looking to just hand over the cash, with their legal team already moving to have the verdict reversed. Is there anything else that can go wrong for RIM right now?

NEWS SOURCE
Techcrunch.com

Related Tags

Further Reading: Read and find more Business, Financial & Legal news at our Business, Financial & Legal news index page.

Do you get our news RSS feed? Get It!

Post a Comment about this news

Latest Tech News Posts

View More News Posts

Latest Downloads

View More Latest Downloads

TweakTown Web Poll

Question: Did EA kill the Battlefield franchise with the terrible BF4 issues?

Yes, Battlefield is doomed

No, Battlefield will live on strong

I'm not sure, but I know EA needs to improve its game

or View the Results

View More Polls

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases
Get TweakTown updates via Facebook!
Just click the "Like" button below