Schaumberg,
Ill. – Motorola (NYSE: MOT) and BlackBerry
maker Research in Motion (RIM) (NASD: RIMM) announced on Friday that they have settled
outstanding patent litigation between the two companies, agreeing to a
cross-licensing and patent exchange agreement.
Any financial terms of the settlement
were not disclosed.
Motorola filed a complaint with the U.S. International Trade
Commission (USITC) in January, alleging that RIM was infringing five Motorola
patents, related to various wireless networking standards, user interface
design and other issues.
The company was seeking a ruling banning the import of
infringing BlackBerry devices into the U.S. from overseas manufacturers.
Related Links:
http://snipurl.com/xbfgz
