Monday, November 06, 2006

NTP Files Patent Suit Against Palm

Via Reuters.

Patent holding company NTP Inc. said on Monday it filed a patent infringement lawsuit against Palm Inc., maker of the Treo mobile phone, in a U.S. court, sending Palm shares down more than 7 percent.

The suit alleges that Palm's products and services infringed NTP's patents and seeks recovery of monetary damages resulting from Palm's direct and indirect infringement, the intellectual property firm said in a statement.

More here.

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