BlackBerry to review its strategic options
a review of strategic alternatives, which includes the possible separation of one or more of its businesses, the Canadian technology company said on Monday., which was founded in 1984 and built pagers, said it has not set a timeline for the process and does not intend to disclose developments related to the review unless the board has approved a specific agreement or has ended the process.
BlackBerry said on Monday it will continue with the previously announced sale of the patents to Malikie Innovations for up to US$900-million, after its prior deal to sell them to Catapult IP Innovations for $600-million fell through as it took longer than usual to close.Once known for its phones with a tiny Qwerty physical keyboard and the BBM instant messaging service, BlackBerry’s core businesses today are cybersecurity and software used by car makers.
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