BlackBerry’s Sale Of Its Patents Could Spell Trouble For Tech Companies
BlackBerry has a ton of patents under its belt for tech that they have developed over the years. This is pretty much the example for most companies, merely it appears that BlackBerry has decided to sell off its mobile and messaging patents and it could be bad news for a lot of tech companies.
This is considering the company has sold it off to another company called Catapult IP Innovations. While companies selling or licensing off their patents isn't new, the fact that Catapult IP Innovations doesn't sell or make annihilation of their own has led to speculation that they could leverage the patents they bought from BlackBerry to sue other tech companies and plough a turn a profit.
The bargain is worth $600 1000000 which Catapult IP Innovations bought using a $450 meg loan, with the residual to be paid back in three years. As ArsTechnica notes, this substantially leaves Catapult IP Innovations with $150 million in debt and since they don't brand their own products or sell annihilation, the simply possible way for them to start making money would exist to sue everyone they believe could exist in violation of their patents.
In that location are many companies like Catapult IP Innovations who buy or file patents only for the sole purposes of suing companies and trying to go them to settle to avoid the hassle and costs of a lengthy court battle. Many companies such as Apple take had their fair share of encounters with such entities, so with this sale, we wouldn't be surprised if we start hearing more of these stories in the futurity.
Filed in . Read more nigh BlackBerry, Legal, Patent and Social Hit. Source: arstechnica
Source: https://www.ubergizmo.com/2022/01/blackberry-sells-patents-to-third-party/
Posted by: gonzalezbeley1991.blogspot.com
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