BlackBerry to Sell Patents Related to Mobile Devices, Messaging for $600 Million

BlackBerry said on Monday it will sell its legacy patents primarily related to mobile devices, messaging and wireless networking for $600 million (roughly Rs. 4,490 crore) to a special purpose vehicle formed to acquire the company's patent assets.

BlackBerry to Sell Patents Related to Mobile Devices, Messaging for $600 Million
BlackBerry said on Monday it will sell its legacy patents primarily related to mobile devices, messaging and wireless networking for $600 million (roughly Rs. 4,490 crore) to a special purpose vehicle formed to acquire the company's patent assets.