BlackBerry alleges Facebook infringed on its patent, goes to court - 660 CITYNEWS
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BlackBerry alleges Facebook infringed on its patent, goes to court

Last Updated Mar 6, 2018 at 11:50 am MDT

A man touches the new BlackBerry KEYone before the Mobile World Congress in Barcelona, Spain, Saturday, Feb. 25, 2017. BlackBerry Ltd. shares surged nearly 11 per cent on the Toronto Stock Exchange after a research report identified the company as a likely target for an acquisition.THE CANADIAN PRESS/ AP/Manu Fernandez

TORONTO – BlackBerry Ltd. says it’s taking Facebook to court in the United States over an alleged infringement over its intellectual property.

The company issued a statement Tuesday saying it had attempted for several years to resolve the claim through dialogue with Facebook, but has decided to pursue legal remedies out of an obligation to its shareholders.

BlackBerry’s statement doesn’t disclose details of the alleged infringement or what it’s seeking from Facebook through the courts.

BlackBerry has fought several disputes over patent rights and other intellectual property property over the years.

Such cases are common among technology companies and can result in financial penalties or royalty payments if the claim can be proved in court or the parties reach a settlement agreement.

Companies in this story: (TSX:BB)