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Companies often spend countless hours and millions of dollars developing new technology and/or products. In an effort to protect their investment, these same companies will often file for a patent. Under patent law, the patent will protect the Texas company and prevent another company from utilizing the same technology without the permission of the patent holder.

Patent disputes regarding operating systems for cellular phone and smartphone have been the focus of several lawsuits in recent history. One particular dispute has involved BlackBerry and BLU Products. Reports indicate that a deal has been reached, and BLU Products has now purchased the right to utilize technology protected by one of BlackBerry's patents. Financial details pertinent to the agreement have not been disclosed.

Companies have a vested interest in protecting their patents and technological developments. However, many companies also recognize the financial benefit in allowing others to utilize the technology. As such, some companies will allow others to purchase the rights to utilize the technology. Problems often occur when other companies attempt to utilize the technology without acquiring this permission. This will often lead to lawsuits between companies.

When a Texas company suspects that another is infringing upon its patent, it is often in the company's best interest to investigate the matter and seek legal recourse when necessary. Patent law is in place to protect the company and its resources. Additionally, if another company is interested in utilizing the technology developed by and patented by another company, there are steps that need to be taken to protect each company. Experienced patent law attorneys can assist in making sure that the company and the patent is protected.

Source: fortune.com, "Google Android: BlackBerry Details Patent Deal With BLU", Oct. 12, 2017

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