FILE PHOTO: A man holds the new BlackBerry Key One during his presentation event before the Mobile World Congress in Barcelona, Spain February 25, 2017. REUTERS/Albert Gea/File Photo GLOBAL BUSINESS WEEK AHEAD SEARCH GLOBAL BUSINESS 25 SEP FOR ALL IMAGES
TORONTO/NEW YORK: BlackBerry Ltd said a licensing deal it signed with low-end Android handset maker BLU Products Inc will bring it recurring revenue, ending a legal dispute over patents that rival Google has asked the US government to revoke.
BlackBerry did not disclose financial terms and its shares were little changed after the news, rising 0.5% in late Thursday morning Nasdaq trade.
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