According to The New York Times, RIM ended talks between NTP due to NTP looking for more money.
According to some of the people close to the talks, NTP, a company that was created to enforce and license a series of wireless patents granted to one of its co-founders, began asking for additional payments. Among other things, one person said, it wanted partial compensation for the increase in value of R.I.M.’s stock after the March settlement announcement.
Last Tuesday, however, appeared to bring the final sticking point for Research in Motion. NTP indicated at the meeting that the deal did not cover any wireless e-mail technologies R.I.M. had developed and introduced after the start of its lawsuit. That, according to one person, would mean payments from R.I.M. of $100 million to $200 million a year.
Donald E. Stout, an intellectual property lawyer and a co-founder of NTP, rejected suggestions last week that the company was bluffing about invoking the injunction. Still, NTP is a long way away in the legal process from being able to do that. Research in Motion has asked a court to stay the appeal so that it can ask another federal court to impose the March settlement under what it understands to be its terms.
