Motorola Mobility has revealed in a filing that it received a $175 million upfront cash payment from a mysterious company as a part of a patent licensing deal worth $228 million.
According to an article on The Register, the mysterious company, whose patent agreement with Motorola increased the Android smartphone maker's pre-tax gains for the nine months ending October 2nd by $228 million, is mostly likely to be Canadian handset maker Research in Motion.
"The agreement includes provisions for an upfront payment of $175 million from the other company to the Company, future royalties to be paid by the other company to the Company for the license of certain intellectual property, and the transfer of certain patents between the companies," the filing read.
This is because BlackBerry maker Research in Motion was the only company to sign a patent licensing deal with Motorola back in June. At that time, Motorola Mobility had said that the cross licensing deal will involve patents related to industry standard technologies like G, 3G, 4G, 802.11 and wireless email.
The filing revealed that the agreement had resulted in dissolving outstanding litigation between the two companies.