Inventergy Global, Inc. to Be Granted 23 New Patents in Telecommunications and Mobile Broadband
- Published: 22 June 2016
- Written by Editor
This news release contains forward-looking statements. For a description of the related risk factors and assumptions, please see the section entitled "Caution Concerning Forward-Looking Statements" later in this release.
Amended Agreement Significantly Strengthens Company's Financial Position
CAMPBELL, CA--(Jan 7, 2016) - Inventergy Global, Inc., a Silicon Valley intellectual property company, (NASDAQ: INVT) ("Inventergy" or the "Company") is pleased to report that it has reached an agreement with one of its patent partners to amend the parties' patent purchase agreement. Under the amended agreement, the guaranteed minimum payments, and related accrued interest thereon, owed by the Company to the third party have been eliminated. Future payments to this third party will be based exclusively on, and are fully contingent on, future patent monetization transactions such as licensing and sales agreements.
Acquisition to expand BlackBerry's leadership in secure cross-platform mobility management
WATERLOO, ONTARIO and SUNNYVALE, CALIFORNIA--(Sep 4, 2015) - BlackBerry Limited (BBRY)(BB.TO), a global leader in secure mobile communications, today announced that it has entered into a definitive agreement to acquire Good Technology for $425 million in cash.
The acquisition of Good is aligned with BlackBerry's strategy to offer customers the most complete, end-to-end solution that secures the entire mobile enterprise, across all platforms. Enhanced by Good, BlackBerry will expand its ability to offer a unified, secure mobility platform with applications for any mobile device on any operating system – supported with security that has been certified by governments around the world embedded in every component of the mobility infrastructure.
CHICAGO, Aug. 17, 2015 -- Inteliquent, Inc. (IQNT), the carrier for communication service providers, announced that it had entered into a three-year agreement with T-Mobile US, Inc. (TMUS), America's fastest growing wireless company, under which Inteliquent will provide a full suite of IP voice services to T-Mobile (the "PSTN Agreement").
The agreement provides that T-Mobile will generally use Inteliquent as its sole provider of voice interconnection services for all calls exchanged between T-Mobile and nearly all other voice providers in the United States (excluding certain traffic, including among other things, traffic that is exchanged with other providers over peering arrangements, etc.). The agreement also includes Inteliquent's "Infrastructure as a Solution" offering. This offering allows a customer to remove its time division multiplexing (TDM) interconnection from its network and use IP/SIP interconnection for voice services. Inteliquent expects that the agreement will result in a significant increase in the volume of traffic carried on Inteliquent's network.