“A northern California jury directed Research in Motion Ltd to pay $147.2 million in patent litigation over a remote management system for wireless devices, according to an attorney for the plaintiff, Mformation Technologies Inc.,” Dan Levine reports for Reuters.
“The verdict on Friday in a San Francisco federal court comes at a bad time for RIM, whose stock has fallen more than 70 percent in the past year as customers abandon the BlackBerry in favor of Apple’s iPhone,” Levine reports. “Amar Thakur, an attorney for Mformation, said the jury directed RIM to pay an $8 royalty for every BlackBerry device connected to RIM’s enterprise server software, which brings the total award to $147.2 million. The verdict only covers U.S. sales through trial, Thakur said, and not future or foreign damages.”
Levine reports, “Based in Waterloo, Ontario, RIM last month posted its first operating loss in eight years, and it was much deeper than expected. The company also said it was cutting 5,000 jobs, almost a third of its workforce…”
Read more in the full article here.
MacDailyNews Take: Merciful acceleration of the RIM zombie’s trip to the dustbin of history.