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Game over: RIM settles with NTP

Game over: RIM settles with NTP

It's unbelievable but joyous news nonetheless: Research in Motion reached an agreement with NTP this afternoon, ending a long, ongoing battle with the patent-holding firm. And more important to you, this keeps your beloved BlackBerry alive. The companies announced in a press release today that RIM has paid NTP $612.5 million, and as such, "...the litigation against RIM has been dismissed by a court order this afternoon. The agreement eliminates the need for any further court proceedings or decisions relating to damages or injunctive relief." RIM plans to hold a conference call this afternoon to discuss details, so tune into News.com for continuous coverage.