BlackBerry signs patent licensing deal with Timex; BlackBerry branded smartwatch incoming?
While the contract didn't reveal what product and patents are involved, Timex will be making on-going royalty payments to BlackBerry. The latter points out that it has an IP portfolio consisting of over 40,000 patents. The patents deal with "wireless communications, networking infrastructure, acoustics, messaging, enterprise software, operating systems, virtualization and cybersecurity."
For those hoping for a BlackBerry branded smartwatch, the depth of BlackBerry's IP holdings indicates that the deal with Timex could be for a number of different products. Still, if Timex plans on building such a device, no one is talking directly about it. BlackBerry corporate communications officer Sarah McKinney said that she has nothing to add to the information in the press release.
One clue might be found in the comments made by Jerald Gnuschke, senior director of Intellectual Property Licensing at BlackBerry. In the press release, Gnuschke said that the deal will enable BlackBerry to focus on further opportunities in the mobile communications market (emphasis ours). So who knows? Perhaps there is a Timex built BlackBerry smartwatch in the works after all.