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Bullboard - Stock Discussion Forum 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 worldwide. The Company leverages artificial intelligence (AI) and machine learning to deliver solutions in the areas of cybersecurity, safety, and data privacy and specializes in the areas of endpoint management, endpoint security, encryption, and embedded... see more

TSX:BB - Post Discussion

BlackBerry Ltd > Article on BB that mentions Multi Billion dollar settlement
View:
Post by blackberry on Feb 07, 2021 11:26am

Article on BB that mentions Multi Billion dollar settlement

But that’s not the only boon for BB stock. On. Jan. 15, BlackBerry also announced that it had settled its patent-infringement lawsuit with Facebook. The dispute involves patents on messaging technologies, which are quite vital to FB’s huge business.

As a result of the settlement, I expect BlackBerry to receive a large, multi-billion dollar payment from the social media giant. That’s sure to greatly boost BB stock, too.

Link
https://www.nasdaq.com/articles/why-blackberry-stock-will-eventually-ride-much-higher-2021-01-29

Comment by ScottCanada on Feb 07, 2021 12:27pm
Alternately we may see some form of cash settlement plus ongoing royalties (i.e. revenue). Either way it would be a positive for BB.
Comment by blackberry on Feb 07, 2021 2:47pm
ScottCanada raises a good point that the settlement may involve cash plus Royalties. Which maybe is more likely. Cheers
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