Motorola Settles RIMM Disputes
Motorola Inc. (NYSE:MOT) and Research In Motion Ltd. (NASDAQ:RIMM), the two global giants in the mobile phone market, reached an agreement to settle a patent dispute over mobile technology. In January 2010, Motorola complained to the U.S. International Trade Commission that BlackBerry devices violated its patent rights and RIMM should be banned for importing and marketing BlackBerry phones in the U.S.
According to the new agreement between the two companies, RIMM will give Motorola an upfront … [visit site to read more]