WOW, extortion does pay after all! NTP was on life support after their claims were unraveling.
There's still something pretty fundamental that I guess I just don't understand about this. NTP's patent applications were not passing muster with the patent office... so what grounds did they have? There must be something solid, if it's worth RIM paying 600M to settle it.
Anyone? What am I missing?
You mean having to go to court to get paid for your ideas is extortion?
If you're right, RIM just paid over a half a billion dollars they didn't need to.
"WOW, extortion does pay after all! NTP was on life support after their claims were unraveling."
I could not agree more. I'm hoping that once the patents are invalidated, that RIM countersues NTP and gets its money back plus interest. I'm ashamed that the US court system is being used to hold companies hostage for large sums of cash especially since NTP produces nothing but seems to be set up only to hold patents and squeeze money out of people.
Well, a jury did rule for NTP.