BlackBerry Ltd. reached a settlement agreement with Facebook Inc. over its use of the social media company's technology, Bloomberg News reported Jan. 15, citing confirmation from a BlackBerry spokesperson.
Facebook sued BlackBerry in 2018, claiming it stole its voice messaging technology, and its technology for personalized multimedia services. The case was put on hold in December 2020 so the parties could hold settlement talks.
The financial terms of the settlement were not disclosed.
Facebook's case was filed months after BlackBerry sued Facebook for infringing its messaging technology.