RIM Opens Their Wallet To Save Blackberry
Users of the beloved Blackberry mobile messaging device must have heaved a collective sigh of relief when RIM opened up their wallets and grudgingly shelled out US$612.5M to finally satisfy NTP Inc., supposedly holders of some patents that RIM supposedly violated.
Kudos to RIM chairman and co-CEO Jim Balsillie for settling this matter, no matter how questionable the situation, and satisfying several million Blackberry users who'd been waiting with bated breath. I was rather hoping that RIM would just buy up NTP Inc. to halt their barking forever, but not this time.
Kudos also to various RIM executives, who less than two years ago set up a large research facility and offered fellowship grants in the general area of quantum physics, with some focus on cutting-edge string theory research.
RIM's headquarters are near the University of Waterloo, in Waterloo, Canada. (Bill Gates favourite Canadian university for Electrical Engineering and Computer Science grads.) Twenty-five years ago, I lived less than 100 yards from RIM's original office building. The sign said "Research in Motion", and at the time, I thought they were doing research relating to the mobility of disabled persons. Had I the slightest inkling what they were really doing, and how many millionaire employees they would create, I would have bought shares back then.
Technorati Tags: tech watch, RIM, blackbery, research in motion, PDA, mobile devices
Kudos to RIM chairman and co-CEO Jim Balsillie for settling this matter, no matter how questionable the situation, and satisfying several million Blackberry users who'd been waiting with bated breath. I was rather hoping that RIM would just buy up NTP Inc. to halt their barking forever, but not this time.
Kudos also to various RIM executives, who less than two years ago set up a large research facility and offered fellowship grants in the general area of quantum physics, with some focus on cutting-edge string theory research.
RIM's headquarters are near the University of Waterloo, in Waterloo, Canada. (Bill Gates favourite Canadian university for Electrical Engineering and Computer Science grads.) Twenty-five years ago, I lived less than 100 yards from RIM's original office building. The sign said "Research in Motion", and at the time, I thought they were doing research relating to the mobility of disabled persons. Had I the slightest inkling what they were really doing, and how many millionaire employees they would create, I would have bought shares back then.
Technorati Tags: tech watch, RIM, blackbery, research in motion, PDA, mobile devices
