Dolby vs. RIM lawsuit dismissed

A few months ago we reported about Research In Motion (RIM) receiving a lawsuit from the folks over at Dolby Laboratories due to unlicensed used of its technology in the PlayBook. Well, it’s been reported that the lawsuit has been dismissed today. Fortunately there’s no banning of PlayBook sales in the US and Germany, as the two companies have come to an agreement that benefits both parties.

RIM has agreed to pay for the licenses to use Dolby’s audio compression technology, so it can continue using it on its devices. It wasn’t mentioned how much the licensing deal cost, but I guess it doesn’t really matter to us as long as it doesn’t drive up the prices of the PlayBook.