It’s been a even though because Nokia and BlackBerry were bitter smartphone rivals, but there’s lots of bad blood left concerning the two firms. This morning, BlackBerry threw in the towel on the fight, agreeing to fork out $137 million to the Finnish firm.
The award stems from a 2016 dispute more than patent licensing contract. The specifics of the contract aren’t apparent, but the a single-time smartphone maker agreed to fork out the quantity specified by the Intercontinental Courtroom of Arbitration — with a single significant caveat. That full mental home lawsuit is far from performed.
“BlackBerry is upset that the Courtroom of Arbitration did not concur with our arguments in the circumstance but we acknowledge their final decision,” the firm explained in a ready statement issued this morning. “This ruling does not adjust BlackBerry’s assertion that Nokia is infringing on our mental home and we are continuing to vigorously go after authorized therapies in both the U.S. and Germany.”
The two suits are actually unrelated, and BlackBerry’s nevertheless dedicated to the charges it submitted back again in February, accusing Nokia of infringing on 11 patents that run the gamut in cell networking products. IP has constantly been a cornerstone of BlackBerry’s business enterprise product, and has turn into more and more additional crucial as the firm has shifted absent from building its possess components.
CEO John Chen has pointed to the cell company’s patent portfolio as a vital to its approach, as BlackBerry has pivoted its ideas to computer software, security and licensing to firms like TCL, which has begun to release products beneath its identify.