Research In Motion Climbs
Research In Motion (RIMM ) and Good Technology inked a settlement and license deal that will dismiss a series of pending lawsuits between the companies. Research In Motion, which manufacturers the Blackberry pager, will receive a lump sum settlement during the first quarter of fiscal 2005, as well as ongoing quarterly royalties. CIBC World says RIMM's patents are now validated. S&P keeps hold. Shares rose.
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