A Blast From The Past
NTP, a patent holding company, has filed suit against all of these companies alleging that they violated NTP's patents concerning wireless email technology. (Learn more about the importance of patents, see Patents Are Assets, So Learn How To Value Them.) Patent litigation is nothing new in the technology space, but there is a little different twist in this case. NTP rose to prominence (or infamy, depending upon your point of view) about five years ago when it aggressively pursued a case against Research In Motion (Nasdaq:RIMM) that threatened to shutdown down Blackberries everywhere. Ultimately, NTP obtained a $600 million settlement from RIM - no trivial amount of money.
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