Amidst controversies and bans, the Chinese electronics giant Huawei has acquired 90 patents from BlackBerry. The Canadian company smartphones were once the most sought out by businessmen, but the company failed to adapt to the pacing technology and thus is on the death bed.
That said, there are a lot of IP that the company poses which Huawei finds valuable. Hence they have acquired certain patents that could give Huawei an edge in the competition. These IPs are security-related and the deal has been confirmed by a company spokesperson.
According to BlackBerry this deal is not very significant and does not affect the business of both parties with the Canadian government. According to the source, this deal involves security-related patents, as well as some concerning essential functionality – how to present text, depending on the orientation of the phone, how is GPS data obtained, etc.
According to BlackBerry CEO John Chen, the company has shifted its focus from smartphones to opportunities in software development. At the moment the company is pushing for license deals by selling existing patents or by suing big cats like Facebook or Twitter who have used their IP without consent or proper compensation.
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