Featured Company News - BlackBerry Signs Patent License Agreement with Timex Group
Research Desk Line-up: Internet Gold- Golden Lines Post Earnings Coverage
LONDON, UK / ACCESSWIRE / September 15, 2017 / Pro-Trader Daily takes a look at the latest corporate events and news making the headlines for BlackBerry Ltd (NASDAQ: BBRY), following which we have published a free report that can be viewed by signing up at http://protraderdaily.com/optin/?symbol=BBRY. The Company announced on September 13, 2017, that it has entered into a patent license agreement with Timex Group, one of the largest watch makers in the world. The financial structure of the deal includes on-going royalty payments from Timex Group to BlackBerry. Other terms of the agreement remains undisclosed. For immediate access to our complimentary reports, including today's coverage, register for free now at:
http://protraderdaily.com/register/
Discover more of our free reports coverage from other companies within the Diversified Communication Services industry. Pro-TD has currently selected Internet Gold- Golden Lines Ltd (NASDAQ: IGLD) for due-diligence and potential coverage as the Company reported on August 31, 2017, its financial results for Q2 2017. Tune in to our site to register for a free membership, and be among the early birds that get our report on Internet Gold- Golden Lines when we publish it.
At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on BBRY; also brushing on IGLD. Go directly to your stock of interest and access today's free coverage at:
http://protraderdaily.com/optin/?symbol=BBRY
http://protraderdaily.com/optin/?symbol=IGLD
Agreement Demonstrates Strength of BlackBerry's Patent Portfolio
Commenting on the patent license agreement, Jerald Gnuschke, Senior Director of Intellectual Property Licensing, BlackBerry, stated that this license agreement with Timex Group demonstrates the strength of BlackBerry's patent portfolio, and will enable the Company to focus on further patent licensing opportunities in the mobile communications market.
BlackBerry's portfolio consists of around 40,000 worldwide patents and applications, covering a wide array of technologies including wireless communications, networking infrastructure, acoustics, messaging, enterprise software, operating systems, virtualization, and cyber security.
BlackBerry Signed an Agreement with Appdome to Enable Codeless Integration
News release suggests that on August 15, 2017, BlackBerry and Appdome, the mobile industry's first cloud hub for mobile app integration, announced they are enabling codeless integration of secure voice, video, and messaging capabilities. Available under Appdome's newest service category, Secure Messaging, the BBM® Enterprise software development kit (SDK) offers a proven and growing set of secure communications capabilities that mobile app developers and integrators can use to realize faster time-to-market, enhanced scalability, performance security, and reduced costs.
BlackBerry Signed Broad Patent Cross-Licensing Agreement with Cisco in 2015
On June 23, 2015, BlackBerry and Cisco entered into a long-term patent cross-licensing agreement covering their respective products and technologies. As part of the cross-licensing agreement, BlackBerry received a license fee from Cisco. Specific terms of the deal remained confidential.
The agreement with Cisco was believed to underscore the value companies place on BlackBerry's broad and foundational patent portfolio. It allowed both the Companies to focus on innovation and continued technical cooperation, and more freedom to create leading products and services for customers without the potential for patent disputes.
About BlackBerry Ltd
Founded in 1984, BlackBerry is a mobile-native security software and services Company dedicated to securing the enterprise of things. Headquartered in Waterloo, Canada, the Company operates in North America, Europe, Asia, the Middle-East, Latin America, and Africa.
About Timex Group
Established in 1854, Timex Group is a privately-held Company that designs, manufactures, and markets innovative timepieces around the world. Headquartered in Middlebury, Connecticut, Timex Group's companies produce watches under a number of well-known brands, including Timex, Timex Ironman, Timex Expedition, Nautica, Guess, GC, Salvatore Ferragamo, Versace, Versus, and Opex.
Last Close Stock Review
On Thursday, September 14, 2017, the stock closed the trading session at $9.27, marginally up 0.98% from its previous closing price of $9.18. A total volume of 1.92 million shares have exchanged hands. BlackBerry's stock price surged 5.10% in the last one month, 29.29% in the past six months, and 28.39% in the previous twelve months. Furthermore, since the start of the year, shares of the Company have soared 34.54%. The stock is trading at a PE ratio of 41.95 and currently has a market cap of $4.94 billion.
Pro-Trader Daily:
Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@protraderdaily.com. Rohit Tuli, a CFA® charter holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/.
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: contact@protraderdaily.com
Phone number: (917) 341.4653
Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE: Pro-Trader Daily
