BlackBerry signs up to $900 million patent deal after sale to Catapult collapses

BlackBerry signs up to $900 million patent deal after sale to Catapult collapses

BlackBerry Ltd said on Tuesday it would sell patents, primarily related to its mobile devices, for up to $900 million after the Canadian software company scrapped an earlier deal with Catapult IP Innovations Inc.

BlackBerry signs up to $900-million patent deal after sale to Catapult collapses

Malikie Innovations Ltd will buy the patents and pay $170 million in cash on deal closing, and another $30 million three years later.

BlackBerry signs up to $900 million patent deal after sale to Catapult collapses

BlackBerry Ltd said on Tuesday it would sell patents, primarily related to its mobile devices, for up to $900 million after the Canadian software company scrapped an earlier deal with Catapult IP Innovations Inc.Malikie Innovations Ltd will buy the patents and pay $170 million in cash on deal closing, and

BlackBerry Announces New Patent Sale Transaction with Leading Patent Monetization Company for Up to $900 Million

/PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) announced today that it has entered into an agreement to sell substantially all of its non-core patents...

Blackberry Signs $900 Million Deal to Sell Patents Related to Mobiles

BlackBerry said on Tuesday it would sell patents, primarily related to its mobile devices, for up to $900 million after the Canadian software company scrapped an earlier deal with Catapult IP...