BlackBerry and Cisco sign broad patent cross-licensing agreement

BlackBerry and Cisco today announced that they have entered into a long-term patent cross-licensing agreement covering their respective products and technologies. BlackBerry and Cisco have a long history of technical cooperation and intend to further collaborate under this agreement.

“Our agreement with Cisco underscores the value companies place on BlackBerry’s broad and foundational patent portfolio,” said Dr. Mark Kokes, Vice President of Intellectual Property and Licensing, BlackBerry. “With the agreement in place, BlackBerry and Cisco can focus on innovation and continued technical cooperation, allowing our companies more freedom to create leading products and services for customers without the potential for patent disputes.”

As part of the cross-licensing agreement, BlackBerry will receive a license fee from Cisco. Specific terms of the deal are confidential.

BlackBerry and Cisco Sign Broad Patent Cross-Licensing Agreement

WATERLOO, ONTARIO and SAN JOSE, CALIFORNIA–(Marketwired – June 23, 2015) – BLACKBERRY Limited (NASDAQ:BBRY)(TSX:BB) and Cisco (NASDAQ:CSCO) today announced that they have entered into a long-term patent cross-licensing agreement covering their respective products and technologies.

As part of the cross-licensing agreement, BlackBerry will receive a license fee from Cisco. Specific terms of the deal are confidential.

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Source: iMore

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