Mformation Technologies $147.2M patent verdict overturned in favor of Research In Motion
Remember when we let you all know RIM had to pay out $147.2M to Mformation for what they described as violation of remote device management patents held by Mformation Technologies on BlackBerry smartphones? Well, RIM had a chance to appeal and this time around, the odds were with them.
The original judgement had RIM responsible for a $147.2M payout to Mformation Technologies based on a per unit amount of $8 for 18.4M BlackBerry smartphones but that is no more as the ruling has been overturned and RIM is not held to the verdict.
Mformation Technologies can appeal but considering the original filing was in 2008 and a new filing can’t recount the previous judgement, we’re guessing they won’t even bother or if they do, it’ll be a few years before we hear about it again. Press release is below, should you want to look through it all.