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RIM, NTP SETTLE FOR $612 MILLION: Research In Motion announced late March 3 that it has settled its patent dispute with NTP Inc. RIM will make a "full and final" payment of US$612.5 million in return for an unlimited transferable licence for NTP technology. The agreement, which has been accepted by Judge James Spencer, will stand even if NTP's patents are ultimately rejected by the U.S. patent office.
** RIM co-CEO Jim Balsillie said the agreement will bring "calmness and comfort to our ecosystem." Following the announcement, RIM shares jumped 14.5% in after-hours trading.============================================================
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