The famous smartphone brand of an era, BlackBerry, continues to sink to the bottom. The Canadian mobile phone brand has long ceased to manufacture smartphones, but has left behind important knowledge necessary for many mobile technologies and standards still used in modern devices. Now he is selling some of his key patents.
Having reached an agreement with Catepult IP Innovations, BlackBerry announced that it has transferred its patents to this company. BlackBerry, which has put a price of 600 million dollars for its old patents based on technology related to mobile, messaging and wireless networks, will receive 450 million dollars of the money in cash, while the remaining 150 million dollars will be put into its safe in 5 installments of 30 million dollars.
This agreement is a sign that BlackBerry has broken the bond with its past in the mobile space. While BlackBerry devices were once the object of desire among consumers, especially thanks to their e-mail capabilities, the BlackBerry Messenger (BBM) messaging service was also very popular. It’s sad news, honestly, but we knew BlackBerry was already throwing in the towel.
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