Aug 09

RIM escapes $147.2 million hit as Mformation appeal ends in victory

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RIM escapes $1472 million hit as Mformation appeal ends in victory

RIM has successfully appealed its patent infringement verdict against Mformation, letting the company off the hook for $147.2 million in damages. It was originally ordered to pay the stack of cash after a jury found that it had violated a remote management patent, but a California judge has overturned the decision after reexamining the evidence. Mformation still has the scope to appeal and thereby cause a fresh trial to begin from scratch, which could be fun.

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RIM escapes $147.2 million hit as Mformation appeal ends in victory originally appeared on Engadget on Thu, 09 Aug 2012 06:02:00 EDT. Please see our terms for use of feeds.

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Jul 16

RIM Forced to Pay $147 Million Damages Over Patent Dispute [Rim]

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The New York Times is reporting that RIM has been found liable of infringing software patents held by Mformation Technologies. There goes $147 million in damages for the BlackBerry manufacturer—more cash it can’t afford to lose. More »

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Jul 14

RIM owes Mformation $147.2 million after court verdict on wireless patent lawsuit

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RIM has definitely not had that the best year: Its stock has fallen nearly 70% this year and they postponed the launch of BlackBerry 10 until 2013. We even heard the other day that RIM was selling off one of its corporate jets to save money. Today, the verdict at a court in San Francisco has dug RIM into deeper financial difficulty.
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By Ubergizmo. Related articles: ClassCo sues Apple, HTC, RIM, Samsung and others for patent infringement, Kodak considering selling 1,100 of its patents,

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Jul 13

RIM slapped with $147.2 million in damages from Mformation patent lawsuit (update: RIM response)

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RIM slapped with $1472 million in damages from Mformation patent suit

RIM just keeps taking hard knocks in the patent arena. Just days after Nokia had its turn piling on extra infringement claims, device management developer Mformation Technologies has won a hefty $147.2 million verdict against RIM for allegedly violating a remote management patent. The damages amount to $8 for every BlackBerry linked up to a BlackBerry Enterprise Server up to a certain point — no small impact for a company whose lifeblood is business. About the only reprieve is an escape from future penalties, which would most certainly have soured the recovery efforts for a company already on the ropes. The crew from Waterloo hasn’t yet responded to the verdict, but it’s hard to picture the company leaving those kinds of damages to sit without an appeal.

Update: RIM has issued a statement in response to the verdict, and it’s unsurprisingly putting forward motions that it hopes would overturn the verdict. It’s also keen to point out that issues like the obviousness of the patent haven’t been settled, which it hopes would deflate Mformation’s case.

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RIM slapped with $147.2 million in damages from Mformation patent lawsuit (update: RIM response) originally appeared on Engadget on Fri, 13 Jul 2012 21:52:00 EDT. Please see our terms for use of feeds.

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