Dolby sued RIM in June for using their digital audio compression technology that’s found in the speakers of PlayBook and various smartphones (Storm, Tour, Pearl, Curve and Torch), requesting the court to “to halt sales of the many RIM products that infringe Dolby’s patents”. Now, a few months later and miraculously avoiding a legal battle, RIM has agreed to pay patent royalties to Dolby. The details were were not disclosed but it’s supposed to be “standard terms”, Bloomberg reported that Dolby was estimating on getting a $15 million worth of royalty from previous years – which really isn’t a big number for the amount of revenue RIM has brought in over the past several years.
Dolby General Counsel Andy Sherman said “We are pleased to welcome RIM into Dolby’s family of mobile-technology licensees… We believe in and will continue to protect the value of our intellectual property.”
