BlackBerry Ltd mentioned on Thursday it signed a brand new licence settlement with BLU Merchandise Inc, a Florida-based maker of low-end Android telephones, that might finish patent disputes between the 2 corporations.
Canada’s BlackBerry filed lawsuits in opposition to BLU in 2016, as a part of the handset-maker-turned-software-company’s transfer to make money off a bunch of know-how patents it had collected in its heyday.
Thursday’s settlement will embrace on-going funds from BLU to BlackBerry, the businesses mentioned, however didn’t give additional particulars.
The settlement will enable BlackBerry “to concentrate on additional licensing alternatives within the cellular communications market,” mentioned Jerald Gnuschke, senior director of Mental Property Licensing at BlackBerry.
BlackBerry, which holds about 40,000 worldwide patents and purposes, has been lengthy been specializing in software program gross sales and licensing after its once-popular telephones misplaced out to Apple and others within the smartphone trade.
© Thomson Reuters 2017
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