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Litigation over patent infringement is part of BlackBerry Chief Executive John Chen's strategy for making money for the company, which has lost market share in the smartphone market it once dominated.
In May, BlackBerry said it will continue with the previously announced sale of the patents related to its mobile devices to Malikie Innovations Limited for up to $900 million.
BlackBerry projects FY25 cyber revenues between $350 million and $365 million. The company is optimistic about achieving break-even results, signaling a potential turnaround after previous challenges.
BlackBerry Limited (formerly Research In Motion or RIM for short) is a Canadian software company specializing in cybersecurity. Founded in 1984, it developed the BlackBerry brand of interactive pagers, smartphones, and tablets. The company transitioned to providing software and services and holds critical software application patents.
2010, Sep 27: Apple sues Nokia in the UK and Germany over 9 patents. 2010, Sep 30: Nokia countersues Apple in Germany over 4 patents. 2010, Oct 01: Microsoft files an ITC complaint and a lawsuit against Motorola over 9 patents. [25] [26] 2010, Oct 06: Motorola sues Apple over 18 patents, and files an ITC complaint against Apple over 6 of them. [27]
The Blackberry devices were commercially successful, but when Campana tried to license his patents to Research in Motion, they refused to pay a fee. In order to enforce his patents, Campana, along with his attorney, formed a patent holding company , NTP Inc. Campana assigned ownership of the patents to NTP and NTP filed a patent infringement ...
Is BlackBerry on the verge of scoring big wins with the Internet of Things?
The shift in plans comes against the backdrop of weak performances of newly listed companies such as Birkenstock, chip designer Arm Holdings and grocery delivery app Instacart/Maplebear.