RIM Settles In SmartPhone's Bluetooth Patent War

Law360, New York (August 2, 2011, 6:52 PM EDT) -- Research In Motion Ltd. on Tuesday became the latest defendant to settle a Texas suit that SmartPhone Technologies LLC filed accusing about a dozen major cellphone manufacturers of infringing several communications and Bluetooth patents.

RIM and SmartPhone lodged a joint motion to dismiss their claims and counterclaims after reaching a settlement agreement. Each party will bear their own court costs and attorneys’ fees.

Further details of the deal were not released, and attorneys for both parties were not immediately available for comment Tuesday.

Frisco, Texas-based SmartPhone...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.