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BlackBerry will pay Nokia $137 million over a contract dispute


blackberry will pay nokia 137 million over a contract dispute - BlackBerry will pay Nokia $137 million over a contract dispute

It’s been a whilst since Nokia and BlackBerry have been sour smartphone opponents, however there’s a variety of unhealthy blood left between the 2 firms. This morning, BlackBerry threw within the towel at the struggle, agreeing to pay $137 million to the Finnish corporate.

The award stems from a 2016 dispute over patent licensing contract. The main points of the contract aren’t transparent, however the one-time smartphone maker agreed to pay the quantity laid out in the International Court of Arbitration — with one primary caveat. That complete highbrow belongings lawsuit is a ways from performed.

“BlackBerry is disappointed that the Court of Arbitration did not agree with our arguments in the case but we accept their decision,” the corporate stated in a ready commentary issued this morning. “This ruling does not change BlackBerry’s assertion that Nokia is infringing on our intellectual property and we are continuing to vigorously pursue legal remedies in both the U.S. and Germany.”

The two fits are in fact unrelated, and BlackBerry’s nonetheless dedicated to the costs it filed again in February, accusing Nokia of infringing on 11 patents that run the gamut in cell networking merchandise. IP has at all times been a cornerstone of BlackBerry’s trade fashion, and has grow to be more and more necessary as the corporate has shifted clear of making its personal .

CEO John Chen has pointed to the cell corporate’s patent portfolio as a key to its technique, as BlackBerry has pivoted its plans to device, safety and licensing to firms like TCL, which has begun to liberate merchandise beneath its title.

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