BlackBerry calls in deal making elite to help monetise its portfolio in smartphone sector 20 Nov 17
Last week BlackBerry put out a press release announcing what looks to be a pretty significant shift in its patent monetisation strategy. Instead of doing all the work in-house, the company has agreed a deal that gives an entity called Teletry “the right to sublicense a broad range of BlackBerry patents to a majority of global smartphone manufacturers”. BlackBerry will retain ownership of a portfolio “of approximately 40,000 patents and applications” and operate “its own licensing program outside of Teletry's sublicensing rights”. So, this is not a typical privateering-style arrangement.
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