BlackBerry Agrees to Sell Legacy Patents for $600M

BlackBerry Limited announced today that it has entered into a patent sale agreement with Catapult IP Innovations Inc., a Delaware company, pursuant to which BlackBerry has agreed to sell substantially all of its non-core patent assets to Catapult for total consideration of $600 million . Patents that are essential to BlackBerry's current core business operations are excluded from the transaction. BlackBerry will ...

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