BlackBerry sells patents linked to legacy smartphone business for US$600M

BlackBerry sells patents linked to legacy smartphone business for US$600M(theglobeandmail.com)

1 points by slantyyz 4 years ago | 1 comment

Good news for patent litigators in Texas.

On a more serious note, purchases like this are hardly good news for anyone but new patent holders, i.e. "patent trolls". In this particular case, Catapult IP Innovations is a newly formed company, taking $650 million in debt in order to monetize BlackBerry's IP.

manuelabeledo 4 years ago |

Good news for patent litigators in Texas.

On a more serious note, purchases like this are hardly good news for anyone but new patent holders, i.e. "patent trolls". In this particular case, Catapult IP Innovations is a newly formed company, taking $650 million in debt in order to monetize BlackBerry's IP.