BlackBerry and Cisco signs patent cross-licensing agreement
BlackBerry has revealed that it has signed a long term patent cross-licensing agreement with Cisco with respect to their various products and technologies. As per the agreement, BlackBerry will get a license fee from Cisco. Both the companies have not yet divulged any other details about the agreement.
Speaking about the same, Mark Kokes, Vice President of Intellectual Property and Licensing, BlackBerry, said, “Our agreement with Cisco underscores the value companies place on BlackBerry’s broad and foundational patent portfolio. 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.”
On the other hand, Dan Lang, Vice President of Intellectual Property, Cisco, commected, “Cross-licensing is an effective way for technology companies to assure freedom of operation and help remove concerns about patent litigation. This agreement recognizes Cisco’s patent portfolio, one that is regularly rated among the strongest in the telecommunications and networking industry. We look forward to continuing to innovate to meet the needs of our respective customers.”
In the past also both the companies have collaborated on various issues and this new agreement will further strengthen their association with each other.
