Monday, July 23, 2012

(BN) Apple, Microsoft Settle Patent Fight With BlackBerry Foe NTP


July 23 (Bloomberg) -- Apple Inc. and Microsoft Corp. were among companies that reached a settlement of patent-infringement claims by NTP Inc., the licenser that extracted a $612.5 million settlement from Research in Motion Ltd. six years ago.

Financial terms weren't disclosed in federal court filings in Richmond, Virginia, seeking dismissal of suits filed by NTP beginning in 2007. The agreement covers much of the wireless phone industry, including phone service companies like AT&T Inc. and Verizon Wireless, handset manufacturers such as LG Electronics Inc. and e-mail service providers like Yahoo! Inc.


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