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

1 pointsby slantyyzover 3 years ago

1 comment

manuelabeledoover 3 years ago
Good news for patent litigators in Texas.<p>On a more serious note, purchases like this are hardly good news for anyone but new patent holders, i.e. &quot;patent trolls&quot;. In this particular case, Catapult IP Innovations is a newly formed company, taking $650 million in debt in order to monetize BlackBerry&#x27;s IP.