RIM settles with patent holder Visto to the tune of $267.5 milli...

Courtesy Engadget  Thu, 07/16/2009 - 15:30

Research in Motion hit a milestone today, only "achievement" wouldn't necessarily be the best way to describe it.

The BlackBerry maker has finally ended a long-running patent dispute with Visto Corp.

, paying out $267.5 million to settle the matter -- a much larger fee than the $7.7 million Visto got from Seven Networks , but conversely a fraction of the reported $612.5 million RIM paid to settle with NTP years back.

With it, however,...

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