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BlackBerry Ltd T.BB

Alternate Symbol(s):  BB

BlackBerry Limited is a Canada-based company, which provides intelligent security software and services to enterprises and governments around the world. The Company operates through three segments: Cybersecurity, IoT, and Licensing and Other. The Cybersecurity segment consists of BlackBerry Spark, BlackBerry SecuSUITE and BlackBerry AtHoc. The IoT business consists of BlackBerry Technology Solutions (BTS) and BlackBerry IVY. The Licensing and Other segment consists primarily of the Company’s patent licensing business. The Company’s core secure software and services offerings are its Cylance cybersecurity and BlackBerry unified endpoint management (UEM) solutions, collectively known as BlackBerry Spark. Its Cylance cybersecurity solutions include CylanceENDPOINT, an integrated endpoint security solution that leverages the Cylance AI model and OneAlert EDR console. The BlackBerry UEM Suite includes the Company’s BlackBerry UEM, BlackBerry Dynamics and BlackBerry Workspaces solutions.


TSX:BB - Post by User

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Post by IqaluitZenon Oct 12, 2017 7:23am
130 Views
Post# 26803100

BlackBerry signs license deal with Florida's BLU, ends paten

BlackBerry signs license deal with Florida's BLU, ends patenBlackBerry signs license deal with Florida's BLU, ends patent dispute

https://www.channelnewsasia.com/news/business/blackberry-signs-license-deal-with-florida-s-blu--ends-patent-dispute-9305048

BlackBerry Ltd said on Thursday it signed a new license agreement with BLU Products Inc, a Florida-based maker of low-end Android phones, that would end patent disputes between the two companies.

image: data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==

FILE PHOTO: A man holds the new BlackBerry Key One during his presentation event before the Mobile World Congress in Barcelona, Spain February 25, 2017. REUTERS/Albert Gea/File Photo

REUTERS: BlackBerry Ltd said on Thursday it signed a new license agreement with BLU Products Inc, a Florida-based maker of low-end Android phones, that would end patent disputes between the two companies.

Canada's BlackBerry filed lawsuits against BLU in 2016, as part of the handset-maker-turned-software-company's move to make cash off a bunch of technology patents it had collected in its heyday.

Thursday's agreement will include on-going payments from BLU to BlackBerry, the companies said, but did not give further details.

The settlement will allow Blackberry "to focus on further licensing opportunities in the mobile communications market," said Jerald Gnuschke, senior director of Intellectual Property Licensing at BlackBerry.

BlackBerry, which holds about 40,000 worldwide patents and applications, has been long been focusing on software sales and licensing after its once-popular phones lost out to Apple and others in the smartphone industry.

(Reporting by Nivedita Bhattacharjee; Editing by Sriraj Kalluvila)









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