Nokia promises to leave Blackberry alone after deal
Nokia (remember them?) have struck a patent licensing deal with RIM (who make BlackBerry phones), thereby ending Nokia's efforts to ban BlackBerry devices from being sold. Poor old RIM.
Nokia previous asked courts to take action after a tribunal ruled that RIM should really be paying a fee to include a type of WiFi connectivity on devices, and so, RIM have agreed to pay a one-off charge and ongoing payments to get Nokia off their backs.
As if RIM's profits weren't feeble enough. They used to make $265m per quarter, but now, it looks more like $9m.
RIM's global subscribers has slumped by a million users over three months, which all came about after a huge outage earlier in the year. And then they got blamed for the riots. And then they completely failed to get a new handset out to dazzle everyone back into their arms.
"We are very pleased to have resolved our patent licensing issues with RIM and reached this new agreement, while maintaining Nokia's ability to protect our unique product differentiation," said Paul Melin, Nokia's chief intellectual property officer.
RIM, meanwhile, just rocked back and forth, crying in the corner.