BlackBerry CEO Says Patent Plans on Monitor After Departures

BlackBerry Ltd Chief Government John Chen stated on Monday the corporate’s technique for producing licensing income from its patent portfolio stays on monitor following the current departures of two folks from the crew negotiating offers.

“I am assured. I am on high of this,” Chen stated in an interview with CNBC when requested in regards to the departures.

Reuters on Friday reported legal professional Victor Schubert said he had left BlackBerry. Final month, Mark Kokes, who led BlackBerry’s general patent technique, joined a well being expertise firm.

“Now we have over 80 folks in that group and really senior folks,” Chen advised CNBC. “All our IP (mental property) licensing are managed on my own, the CFO, our authorized counsel and the president of the group.”

The corporate’s shares had been down 1 % at $11.45 in Monday morning commerce on the New York Inventory Alternate.

© Thomson Reuters 2017

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