A RIM future without NTP

Original Aricle: Research In Motion and NTP sign Definitive Agreement to End Litigation.

The licensing and settlement agreement relates to all patents owned and controlled by NTP and covers all of RIM’s products, services and technologies. NTP grants RIM an unfettered right to continue its business, including its BlackBerry® related business. The resolution permits RIM and its partners to sell RIM products and services completely free and clear of any claim by NTP, including any claims that NTP may have against wireless carriers, channel partners, suppliers or customers in relation to RIM products or services, (including BlackBerry Connect and Built-In technology), or in relation to third party products and services, to the extent they are used in connection with RIM products and services.

The fears of an injunction on the BlackBerry were unfounded. I am glad – RIM can now step up and compete without handicap.

Related [Sukshma.net]: Embattled RIM sends word out to the Investors.