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One of the vital details missing from the Nokia-RIM patent agreement announced last week was just how much money is changing hands between the two companies.

Now, thanks to a filing with the Securities and Exchange Commission (found by AllThingsD), we finally know: RIM will pay Nokia a one-off fee of $65 million (€50 million).

Still missing however, are the details to the other half of the deal, wherein RIM will also pay Nokia in recurring royalty payouts. I assume these details will make themselves known somewhere down the line.


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While any money coming out of RIM’s pockets is hugely significant nowadays, the payouts are sure to be cheaper than a protracted court battle between the two cash-strapped companies. So, despite the settlement fees, it’s still a win for RIM.

But RIM isn’t just losing money as of late — it’s making it as well. The company announced on Thursday that it’s sold mobile content delivery provider NewBay Technologies for $55.5 million. While that selling price is a major hit compared to the $100 million RIM paid for the company in 2010, the money almost covers the complete cost of RIM’s first Nokia payment. So it’s not a bad move by RIM, all told.

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