BlackBerry will pay Nokia $137 million over a contract dispute

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It’s been a whilst since Nokia and BlackBerry had been sour smartphone competitors, however there’s quite a lot of unhealthy blood left between the 2 corporations. This morning, BlackBerry threw within the towel at the fight, 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 World Court docket of Arbitration — with one main caveat. That entire highbrow belongings lawsuit is some distance from achieved.

“BlackBerry is disappointed that the Court of Arbitration did not agree with our arguments in the case but we accept their decision,” the corporate mentioned in a ready observation 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 2 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 cellular networking merchandise. IP has all the time been a cornerstone of BlackBerry’s industry type, and has develop into increasingly necessary as the corporate has shifted clear of making its personal .

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

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