Friday, August 10, 2012

News Summary: Verdict against RIM overturned

GOOD NEWS FOR RIM: A U.S. judge has overturned a multimillion-dollar patent-infringement verdict against BlackBerry maker Research In Motion. The judge determined that Mformation Technologies Inc., which makes software for managing mobile devices, failed to show that RIM infringed on a key patent in question.

PREVIOUS AWARD: A federal jury had awarded Mformation $147.2 million last month based on an infringement finding.

THE BACKDROP: The number of patent lawsuits in the technology sector has exploded in recent years. Apple and Samsung, for instance, are currently engaged in a high profile court dispute over the similarities between their smartphones and tablets.

Source: http://news.yahoo.com/news-summary-verdict-against-rim-overturned-201426473--finance.html

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