BlackBerry signs patent licence deal with BLU Products
BLACKBERRY LTD. and BLU Products have entered into a patent licence agreement. This will result in settlement of all existing patent litigation between the two companies and withdrawal of pending actions in the United States. The financial structure of the agreement includes continuing payments from BLU Products to BlackBerry. Additional terms of the agreement are confidential.
“We are very pleased to have reached this patent licence agreement with BLU Products,” said Jerald Gnuschke, senior director of intellectual property licensing, BlackBerry. “The consummation of this agreement enables us to focus on further licensing opportunities in the mobile communications market.”
BlackBerry’s portfolio consists of approximately 40,000 worldwide patents and applications covering a wide array of technologies including wireless communications, networking infrastructure, acoustics, messaging, enterprise software, operating systems, virtualization and cybersecurity.
About BlackBerry Ltd. BlackBerry is a mobile-native security software and services company dedicated to securing the enterprise of things. Based in Waterloo, Ont., the company was founded in 1984 and operates in North America, Europe, Asia, Mid dle East , Latin America and Africa.
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