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BlackBerry sells patents linked to legacy smartphone business for US$600M (theglobeandmail.com)
1 points by slantyyz 1599 days ago
1 comments

Good news for patent litigators in Texas.

On a more serious note, purchases like this are hardly good news for anyone but new patent holders, i.e. "patent trolls". In this particular case, Catapult IP Innovations is a newly formed company, taking $650 million in debt in order to monetize BlackBerry's IP.