Blackberry is a designer, manufacturer and marketer of wireless solutions for the worldwide mobile communications market. Through the development of integrated hardware, software and services that support multiple wireless network standards, Blackberry provides platforms and solutions for seamless access to time-sensitive information including email, phone, short message service (SMS) messaging, Internet and intranet-based applications.
RIM loses European patent dispute to Nokia
The case could halt sales of RIM's BlackBerry phones if it does not reach a deal to pay royalties to the Finland-based Nokia.
Nokia, which is trying to increase its royalty income as its phone business slips, said it had filed cases in the U.S., U.K. and Canada to enforce the arbitrator’s ruling.
Wireless local access network (WLAN) technologies are used across BlackBerry devices and by most other smartphones.
RIM declined to comment to the press.
Wednesday afternoon, RIM shares were up 4.29 per cent to $11.17 while Nokia shares were up 4 per cent to $3.30.
Nokia said it signed a cross-license agreement with RIM covering standards-essential cellular patents in 2003, a deal that was amended in 2008. RIM was seeking arbitration in March 2011 with the Stockholm Chamber of Commerce, arguing the licence should be extended to cover WLAN patents.
The arbitration tribunal concluded in September 2012 and it issued a decision on November 6, Nokia said in a court filing.