BlackBerry to sell mobile device and messaging patents for $849m

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BlackBerry to sell mobile device and messaging patents for $849m

To a special purpose vehicle.

BlackBerry will sell its legacy patents primarily related to mobile devices, messaging and wireless networking for US$600 million (A$849 million) to a special purpose vehicle formed to acquire the company's patent assets. BlackBerry said the transaction with the vehicle, Catapult IP ...

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